22 Year Successful Catering Business with Gross Revenue of $1 Million
Business Description
Imagine stepping into a thriving catering business that's been serving the community for over two decades! This well-established operation has built something truly special - consistent million-dollar annual revenues backed by 22 years of satisfied clients and repeat business.
You'll love the turnkey setup here. The business comes fully equipped with everything you need to hit the ground running, all housed in a prime location with surprisingly affordable rent for the area. The current owner has created efficient systems that allow the business to practically run itself - he only works about 30 hours per week coordinating projects while his team of five dedicated employees handles daily operations.
What makes this opportunity even better? The seller genuinely wants to see you succeed. He's planning to retire but is committed to staying on for up to six months to ensure you feel confident taking the reins. You'll have his expertise guiding you through client relationships, operational procedures, and industry insights that took him decades to develop.
The numbers speak for themselves - three years of tax returns showing over $1 million in gross revenue demonstrate this isn't just a good business, it's a consistently profitable one. You're not buying a startup dream; you're acquiring a proven revenue generator with an established customer base that keeps coming back.
This is your chance to own a business that combines financial success with the satisfaction of creating memorable experiences for clients. The foundation is solid, the systems work, and the transition support is there. All that's missing is you.
You'll love the turnkey setup here. The business comes fully equipped with everything you need to hit the ground running, all housed in a prime location with surprisingly affordable rent for the area. The current owner has created efficient systems that allow the business to practically run itself - he only works about 30 hours per week coordinating projects while his team of five dedicated employees handles daily operations.
What makes this opportunity even better? The seller genuinely wants to see you succeed. He's planning to retire but is committed to staying on for up to six months to ensure you feel confident taking the reins. You'll have his expertise guiding you through client relationships, operational procedures, and industry insights that took him decades to develop.
The numbers speak for themselves - three years of tax returns showing over $1 million in gross revenue demonstrate this isn't just a good business, it's a consistently profitable one. You're not buying a startup dream; you're acquiring a proven revenue generator with an established customer base that keeps coming back.
This is your chance to own a business that combines financial success with the satisfaction of creating memorable experiences for clients. The foundation is solid, the systems work, and the transition support is there. All that's missing is you.
About the Business
- Years in Operation
- 22
- Employees
- 45 (5 Full-time, 40 Contractors)
5 Full Time Staff and over 40 on call contractors for events, etc. - Currently Relocatable
- Yes
- Facilities & Assets
- Detailed equipment package is available by contacting the broker. Equipment value is approx $250K and all of it is in good working order. The Facility is well maintained and located in an excellent location.
Contact the Broker for a DETAILED PACKAGE of more info! - Market Outlook / Competition
- There has been 4 or 5 caterers in the county, not many new start-ups though.
- Opportunities for Growth
- Definitely room to grow the business. The current owner does Zero advertising, and still does over $1 million per year on word-of-mouth and online reviews. He has 75 five-star Google reviews! Investing a % of sales into advertising could greatly improve sales revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $4,500.00 per month
- Lease Expiration
- 6/30/2036
About the Sale
- Seller Motivation
- After 22 years, the Seller wishes to retire.
- Transition Support
- Training will be for the first month, full time, owner involved at NO COST. For the next 5 months, the Seller will be contractually obligated for additional support, as needed, based on $30 per hour.
- Financing Options
- $100K Financing is available, with details TBD.
Listing Info
- ID
- 2501557
- Listing Views
Listing ID: 2501557 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.
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