Highly Profitable Gourmet Catering & Event Planning Business For Sale

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Asking Price:
$199,500

Gross Revenue:
$213,225
Cash Flow:
$120,697
EBITDA:
$61,603
Inventory:
$15,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Exciting opportunity to own a well-established, highly desirable, full-service catering and event planning business serving the Baltimore and Washington areas that bring seasonally smart, fresh, local ingredients to your event. Excellent reputation and strong customer base make this opportunity a must see. This operation has an excellent reputation, is well managed, and maintains a loyal and repeat customer base.

Full-Service catering and event planning capability with access to a powerhouse commercial kitchen. The kitchen is a 10,000 square foot facility with a 65-foot hood line, an arsenal of equipment, and the prep and storage space that every catering business needs. Great relationship with local farmers for fresh food sourcing. Serving business and private functions; weddings, birthdays, corporate events, and the like.

This is an outstanding opportunity to own a highly reputable, profitable, full-service catering and event planning combination.

Contact Tom Flowers / Colonial Business Brokerage / 443.982.7332

About the Business

Year Established:
1994
Number of Employees:
4
Relocatable:
Yes
Facilities:
Access to a powerhouse of a commercial kitchen. It’s a 10,000 square foot facility with a 65-foot hood line, an arsenal of equipment, and the prep and storage space that every catering business needs. Current lease expires January 2018 and is renewable.
Market Outlook/
Competition:
Standard catering competition in the area, but this business has maintained a loyal customer base with very strong event relationships and has strong management, an excellent reputation, and long-time client base.
Growth & Expansion:
Owners have identified several areas for growth and expansion opportunities for the businesses offerings that could be very attractive to a new owner to pursue.
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About the Sale

Reason For Selling:
Retirement and pursuing other interest
Training/Support:
Owners will provide full training and support to new ownership and management. As well as being available for ongoing support post-transition.

Listing Info

ID:
1333989
Ad Detail Views:
731

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Business Listed by

Tom Flowers

Colonial Business Brokerage

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

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