Catering Company $1.25 Mil Sales And Growing
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $1250000
Net Profit / Cash Flow $140000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 10 - 19
Inventory 53000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes, plenty of support.
Reason for Sale Other business opportunity.
Description Well established catering company with a unique business model including: off site catering, dining services and a blend of exclusively operated and preferred status facilities. While they have many sizable clients, they do not rely on any one client but instead have a varied mix of corporate and social clients. One of their private facilities can handle up to 300 guests and can accommodate everything from weddings to corporate meetings. They also have a niche in doing picnics and golf outings. Part of their success can be attributed to some long term employees who assist in making it a well run organization. If you are a caterer and wish to expand your network, this would be a great way to build upon your network. If you are in the food service business and want to break into catering, you would not find a better way to gain a significant foothold in the industry than buying this business. 2008 sales project to be up 25%. Seller has another business opportunity of which he wants to take advantage of, but will stay on as long as necessary to transition to a new owner. Seller is desirous of finding a buyer that will keep the upward trend that exists in the business and build upon what they have started. They have prided themselves on excellent food and services, flexibility, and 75 years of combined experience in the hospitality industry. Asking price is $449,000. Email or call Dan Long at 513-321-7666 for more information on this Catering company for sale.
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