Established Catering & Banquet Business for Sale – Dearborn, MI
Business Description
Established catering and event business with approximately $600,000 in revenue over the last 12 months.
The business also recently secured a school lunch contract expected to generate approximately $563,000 over the next year, with annual renewal potential for up to five years.
Sale includes:
• Established catering business and customer base
• Commercial kitchen and catering equipment
• Three company vehicles
• Business name, website, phone number and digital assets
• Existing contracts and booked business, subject to transfer requirements
• Recipes, menus and operating systems
The real estate is not included. A buyer may have the opportunity to continue operating from the current Dearborn location, relocate the catering operation, or focus primarily on off-site and institutional catering.
This could be a strong opportunity for an existing restaurant or catering company looking to expand, or for an owner/operator seeking an established business with significant contracted revenue.
The business also recently secured a school lunch contract expected to generate approximately $563,000 over the next year, with annual renewal potential for up to five years.
Sale includes:
• Established catering business and customer base
• Commercial kitchen and catering equipment
• Three company vehicles
• Business name, website, phone number and digital assets
• Existing contracts and booked business, subject to transfer requirements
• Recipes, menus and operating systems
The real estate is not included. A buyer may have the opportunity to continue operating from the current Dearborn location, relocate the catering operation, or focus primarily on off-site and institutional catering.
This could be a strong opportunity for an existing restaurant or catering company looking to expand, or for an owner/operator seeking an established business with significant contracted revenue.
About the Business
- Years in Operation
- 56
- Employees
- 10 (3 Full-time, 7 Part-time)
Part time employees understand it's as needed - Facilities & Assets
- For sale is all of the equipment (kitchen, banquet, and catering), 3 vehicles, and all of the intangibles (website, name, business itself, etc)
- Website
- Show Website URL
- Market Outlook / Competition
- Not bad. We just got a large school contract, and I have 3 other businesses, so now I believe is the right time for us to sell
- Opportunities for Growth
- Definitely, especially with local weddings and schools/elderly meals
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 11,000
- Rent
- $14,500 per month
About the Sale
- Seller Motivation
- I have 3 other businesses and I'm not putting in the effort I feel it deserves
- Transition Support
- I'm an absentee owner, so you can keep the current staff until you're comfortable
- Financing Options
- Looking for reasonable offers
Listing Info
- ID
- 2550853
- Listing Views
Attached DocumentsAttachment Disclaimer
Sales x Month Report - trailing 12 months.pdf
Park_Place_Buyer_Prospectus.docx
Business Location
Listing ID: 2550853 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.
Businesses for SaleMichigan Businesses for SaleMichigan Food & Beverage Businesses for SaleMichigan Catering Services Businesses for Sale
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