Fast growing Catering Company for Sale

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Established Catering Company
Asking Price:
$375,000

Gross Revenue:
$550,000
Cash Flow:
$160,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Osheas Catering has been a premier catering company in the Tacoma/Seattle Area since 1982. The current owners have doubled sales during the last four years. Osheas has over 500 loyal customers and is experiencing rapid growth. This is a great opportunity for a business owner to take a successful and profitable company to new heights. The possibilities are "limitless".

About the Business

Year Established:
1982
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Amount/Mo.:
$3,000.00
Lease Expiration:
4/1/2019
Facilities:
several ovens and a natural gas stove are included along with 3 delivery vehicles and lots of catering and cooking equipment.
Website:
osheascatering.com
Market Outlook/
Competition:
Catering in Tacoma/Seattle is competitive.. With the economy improving over the last 3 years the demand for catering has grown significantly. Osheas has a unique niche in that the food is "restaurant quality" food delivered to any location.
Growth & Expansion:
Catering is competitive so it is important to always keep up with the trends in this market. Here in Washington state the trend is "specialized diets"; i.e. vegan, gluten free, etc. Growth in catering is limitless. Many companies in the Seattle/Bellevue/Tacoma area regularly feed their staff. Osheas has many of these clients that order weekly..
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About the Sale

Reason For Selling:
Retiring due to health reasons
Training/Support:
Willing to train a qualified buyer

Listing Info

ID:
1382846
Ad Detail Views:
639

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Business Listed by
Erin Larson

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U.S. Census Data for Pierce County, WA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Pierce County, WA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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