Lunch box provider for business meetings. and catering Absentee ran

Asking Price$850,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,490,000

Inventory$24,000
Not included in asking price
FF&E$200,000
Included in asking price
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Lunch box provider for business meetings. and catering Absentee ran


Asking Price$850,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,490,000

Inventory$24,000
Not included in asking price
FF&E$200,000
Included in asking price
Business Description
This established catering company specializes in providing premium lunch box services for corporate meetings and business gatherings in the Grand Rapids market. The business operates Monday through Friday from 6:00 AM to 3:00 PM, serving a dedicated commercial customer base through direct delivery services.

Operational Excellence:
The company maintains high-quality standards by baking all bread in-house and sourcing premium ingredients for sandwich preparation. The business model focuses on B2B delivery services with minimal walk-in traffic, ensuring efficient operations and consistent revenue streams.

Management Structure:
Currently operated under an absentee ownership model with an experienced manager overseeing daily operations. This established management structure allows for seamless business continuity and provides flexibility for ownership transition.

Financial Performance:
Based on 2025 financial projections, the business demonstrates strong cash flow performance. An owner-operator structure would generate approximately $311,000 in Seller's Discretionary Earnings (SDE), including an additional $80,000 benefit from direct management involvement.

Market Position:
The company has developed an established customer base within the corporate catering sector, focusing on quality food preparation and reliable delivery services. The business benefits from recurring commercial accounts and a proven operational model.

Growth Potential:
The established infrastructure, experienced management team, and strong market position provide opportunities for expansion within the corporate catering segment. The current absentee-run model demonstrates the business's operational stability and scalability potential.

This turnkey operation offers an excellent opportunity for an entrepreneur seeking entry into the established food service industry with proven financial performance and growth capabilities.
About the Business
Years in Operation
7
Employees
21 (1 Full-time, 20 Part-time)
Employees normally work less than 40 hours so are considered part time.
Franchise
This business is an established franchise
Facilities & Assets
The business uses about 5000 sq ft in a leased facility. All equipment and leasehold improvements meet health deprtment requirements.
Market Outlook / Competition
The business focus is on B2B income and marketing. Little to no retail customers are solicited. This makes for a rather unique approach and allows the company to use quality ingrediants and sell at a significant profit. There are a large number of commercial establishments in the companies area
Opportunities for Growth
The company currently enjoys a customer base of approximately 400 busiiness clients. This leaves a large amount of companies and other potential customers available to market to and grow the business. The current owner has not been very active in marketing efforts for approximately 3 years. Sales hve been steady and business has been derived organically.It is beleived there is a geat deal of opportunity for growth with a more aggressive marketing approach.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$4,600 per month
About the Sale
Seller Motivation
retirement and traveling
Transition Support
Seller woud supply sufficient assistance to insure a new owners sucess . This business is a franchisee of a national company that will also assist a new owner. There is a franchise transfer fee that is required.
Financing Options
Seller may consider some cooperation to assist buyer with SBA type financing
Listing Info
ID
2514157
Listing Views
486

Listing ID: 2514157 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.