Established Full-Service Catering Company
Listing Number: 17441-835663
Listing Details
- Down Payment: $2,430,000
- Sales: $6,391,261
- Seller's Discretionary Earnings: $888,676
- Inventory: $0
- Furniture, Fixtures, and Equipment: $544,492
- Employees:
- Year Established:
- Reason for Selling: Retirement
Business Description
A well-established, full-service catering company serving weddings, corporate functions, and private social events, with a full management team already in place. The company has recently sharpened its strategic focus, exiting a lower-margin, non-core service line to concentrate on its higher-margin core catering business. Profitability has held strong through this transition, leaving a cleaner, more focused operation.
Revenue is largely pre-booked and contracted in advance, offering forward visibility that's uncommon in food-service acquisitions. This is an event-driven business, not a fixed-location restaurant dependent on daily walk-in traffic.
Key Strengths:
- Deliberate focus on higher-margin event catering niche
- Full management team in place; low key-person dependency
- Long-standing venue and vendor relationships
- Pre-booked, contracted revenue model
- Long-established reputation and referral-driven client base
- Owner retiring after a long, successful tenure
A Note on Financials:
Reported revenue has declined over the past two years due to a deliberate exit from a non-core program. Adjusted earnings reflect the strength of the ongoing core operation. Full financial detail available to qualified buyers under signed NDA.
