Big appetites and small town living

Asking Price$183,999

Cash Flow
$80,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$195,000

Inventory$2,500
Included in asking price
FF&E$5,000
Included in asking price
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Big appetites and small town living


Asking Price$183,999

Cash Flow
$80,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$195,000

Inventory$2,500
Included in asking price
FF&E$5,000
Included in asking price
Business Description
Established Catering Business - Southern Pines, NC

This well-established catering company has been serving the growing Southern Pines community since 2015, building a loyal clientele and strong reputation over nearly a decade of operation. Located in Moore County, one of North Carolina's fastest-growing areas, this business is perfectly positioned to capitalize on continued regional expansion.

Business Overview:
- Annual Revenue: $195,000
- Cash Flow (SDE): $80,000
- Asking Price: $183,999
- 5 employees in 750 sq ft leased facility
- Lease through December 2026 at $1,035/month

The company specializes in mid-sized events (50-100 guests), serving a diverse customer base including the local hospital system, horse park, golfers, and private celebrations. This sweet spot positioning differentiates them from both larger corporate caterers and smaller competitors lacking their established history and systems.

Financial Highlights:
- Strong 41% cash flow margin demonstrates operational efficiency
- 2024 was the best year in company history
- 2025 projections on track to meet or exceed prior year performance
- Established revenue base with institutional and recurring clients

Market Position:
The business serves a unique market mix of retirees, military families, and recreational enthusiasts drawn to the area's golf courses and equestrian facilities. Customers choose this caterer for variety of offerings and exceptional customer service, creating competitive advantages in the local market.

Growth Opportunities:
Moore County's rapid population growth provides significant expansion potential for the established brand. The retiring owner has built strong foundations but chose not to pursue further growth, creating an ideal opportunity for an ambitious new owner to scale operations.

Transition Support:
The seller offers comprehensive transition assistance including systems training, recipe sharing, and minimum three months of operational support to ensure seamless ownership transfer.

This turnkey opportunity combines proven profitability with substantial growth potential in a thriving market, making it ideal for an entrepreneur ready to build upon an established foundation.
About the Business
Years in Operation
10
Employees
5
Facilities & Assets
We are a ghost kitchen located inside a membership club which serves no food. Facility includes a kitchen, dish washing room, storage room, and an outside 10X12 shed for catering equipment. Our location is downtown with easy accessibility. We also service a local coffee shop with grab and go breakfast items, sandwiches, and baked goods.
Market Outlook / Competition
Market - We are a mix of retirees, military families, golf and horse enthusiasts. Customers choose us for our variety of offerings and our customer service.
Competition - our catering sweet spot is 50-100 guests, thus we are a mid-sized caterer. There are two large private caterers in the area, and several smaller ones, which do not have our history.
Opportunities for Growth
Our county is the one of the largest growing counties in NC, and our established brand is ready to grow with it. Owner has taken the brand as far as they want and the new owner will be in good hands for expansion. Year end 2024 was the best in business history and 2025 is on track to meet or beat.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
750
Rent
$1,035.00 per month
Lease Expiration
12/30/2026
About the Sale
Seller Motivation
Retirement
Transition Support
Owner willing to share systems, recipes, train and support the new owner and staff for minimum three months.
Listing Info
ID
2391771
Listing Views
281

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Business Listed by: Leslie Philip

Listing ID: 2391771 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.