Established Catering & Banquet Business for Sale – Dearborn, MI

Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$300,000
Included in asking price
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Established Catering & Banquet Business for Sale – Dearborn, MI


Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$300,000
Included in asking price

Seller Financing Available
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.
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.


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