*Turnaround* Food Catering Company

Asking PriceNot Disclosed

Cash Flow
$15,296
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,486,360

InventoryNot Disclosed

FF&E$196,100
Included in asking price
Real Estate$1,935
Included in asking price
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*Turnaround* Food Catering Company


Asking PriceNot Disclosed

Cash Flow
$15,296
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,486,360

InventoryNot Disclosed

FF&E$196,100
Included in asking price
Real Estate$1,935
Included in asking price

Seller Financing Available
Business Description
Headquartered in Michigan, the Company excels in delivering outstanding catering services to a variety of clients, encompassing churches, universities, weddings, personal and corporate events, and other institutions. The Company offers an extensive array of menu items, ranging from hors d’oeuvres to breakfast, lunch, dinner, baked goods, and desserts, catering to a broad range of preferences.

Setting the Company apart from competitors, it prioritizes building strong customer relationships, providing an expansive portfolio of catering options, and leveraging its employees' expertise to ensure the highest quality in service delivery. Bolstering the Company’s capabilities is its 23,000 square foot facility, which serves as the cornerstone for efficiently managing its catering operations.

As the Company transitions operational responsibilities to its general manager, ownership is poised to take on an advisory role post-transaction. In pursuit of growth, the Company seeks an acquirer capable of not only enhancing its existing relationships but also expanding its service offerings to capitalize on new event opportunities. The Company’s real estate is owned through a related entity and available for lease, but current ownership is open to negotiating its sale along with the Business if desired.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!
About the Business
Years in Operation
25
Facilities & Assets
One facility with a total size of 23,000 square feet is owned by a related entity.
Market Outlook / Competition
1. Geographic Excellence and Trusted Customer Relationships
2. Vast Catering Menu Offerings
3. Established Workforce and Well-Maintained Equipment
Opportunities for Growth
1. Expansion Into Fundraising Spaces
2. Online Ordering Platform
3. Increased Marketing for the Event Space
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
23,000
About the Sale
Seller Motivation
Ownership is looking to divest from the Company to retire.
Financing Options
Limited Seller-Financing Available for Qualified Buyers.
Listing Info
ID
2400709
Listing Views
128

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Business Listed by: Calder Capital, LLC Calder Capital, LLC

Listing ID: 2400709 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.