Catering & Event Management Company
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $640000
Net Profit / Cash Flow $175841
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retirement.
Description Award winning catering and event management company is one of the Top 25 firms of its kind in Houston. Prestigious client list, high visibility location, easy accessibility make this a very special opportunity. Assets include a commercial kitchen, walk-in cooler, delivery vans and all the equipment you would expect in a professional service operation. Strengths include food production that is 'fresh' and 'in-house', innovative presentations and service merchandising, reliability and trustworthiness which all point to why they have a great reputation with their clients. Clearly, a first rate opportunity to lead and excel in catering and event management. Weddings and Receptions account for about 60% of revenue and Corporate Events 40%. Well known in the Houston social scene for turnkey catering solutions and savoir faire. A terrific business and 2009 bookings are up even in the current downturn with both weddings and major clients. Please refer to CBB Listing #6937DA.
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