Catering Company and Event Venue Rental Provider

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$374,457

Gross Revenue$2,673,086

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

BN000050169Save

Catering Company and Event Venue Rental Provider


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$374,457

Gross Revenue$2,673,086

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Description:
The Company is a full-service catering business and event venue rental provider. The Company caters both offsite and onsite at its approximately 52-acre property that has five venues to host weddings, social gatherings, corporate events, and more.

Key Aspects:
• Average gross profit and adjusted EBITDA margins of 50.6% and 18.9%, respectively, from 2021 through 2023
• Operates from an approximately 52-acre estate, which is included in the sale of the Company
• Five kitchens spread across the estate
• Capability to host nearly any event, with completely customizable venues
• Low client concentration: No single client accounted for more than 2.5% of revenue in 2023
• Over 85 years of operating history

Opportunities:
• Hold public events on the estate grounds to bolster revenue and further diversify revenue streams
• Establish a formal marketing strategy to reach more potential clients
• Grow the off-premise catering portion of the Company
• Utilize the estate for revenue-generating activities outside of catering and event-hosting

Headquartered:
• Upstate, New York

Current Markets:
• The Company serves businesses, organizations, and individuals throughout the Northeast, US.


Real Estate:
• The Company operates from an approximately 52-acre estate that is leased from an affiliated entity and included in the sale of the Company. There are five distinct venues on the property, with significant room to grow. The Company leases two additional venues on an adjacent property from a related third party on a per-event basis.

Shareholder Ownership:
• The Company is wholly owned by a single shareholder who would like to pursue retirement. The owner is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
Listing Info
ID
2404349
Listing Views
42
Attached DocumentsAttachment Disclaimer

Teaser_v_1_BN000050169_Catering_Company_and_Event_Venue_Rental_Provider.pdf


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Business Listed by: Sean Fechtmann Benchmark International

Listing ID: 2404349 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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