Successful, Fast-Growing Catering Business!

Larimer County, CO

Successful, Fast-Growing Catering Business!

Asking Price:$32,000

Cash Flow:$29,000

Gross Revenue:$117,000

EBITDA:N/A

FF&E:$20,000

Inventory:$2,000*

Rate/Sq. Ft.:N/A

Established:2003

*not included in asking price.

Successful, Fast-Growing Catering Business!

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Business Description

Successful, Fast-Growing Catering Business!

The solid foundation for this well-established catering business is there for a younger & more energetic owner to take it to the next level. Purchase includes large repeat customer list, professionally developed website & domain name, fully loaded catering software program, trade name registration, active U.S. federal government System for Award Management (SAM) registration, Dunn & Bradstreet active Dunn’s number, USDA/USFS purchase agreement, a logoed catering van and basic catering equipment. Business is currently leasing a 2,355 square foot facility that includes a large turn-key commercial kitchen, office, tasting room, restroom & warehouse space for storage of catering equipment, supplies & a staging area for catering events. The 640 square foot fully-equipped commercial kitchen features a 210 square foot refrigerated prep kitchen/walk in cooler, 7' type 1 vent hood, grease trap & all of the other fixtures required for a code compliant commercial kitchen. Buyer could continue to lease this facility or relocate the business, if desired.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,355
Lease Expiration:
N/A
Employees:
2ft, 12pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Currently leasing 2,355 sf production facility that includes a 640 square foot fully-equipped commercial kitchen with a 210 square foot refrigerated prep kitchen/walk in cooler with a hand sink, plus 1,710 square foot area for catering supplies, tasting room, office & restroom. Code compliant commercial kitchen also includes a 7' type 1 vent hood, 30 g.p.m. grease trap, 3 compartment sink, vegetable prep sink, a hand sink, several food prep stations, a 2 door & 3 door freezer, FRP paneling & numerous 110 & 220 volt outlets. Buyer could continue to lease this facility or relocate the business, if desired.
Competition:
Northern Colorado is one of the most economically stable & growing areas in the U.S. with many new businesses relocating & opening new offices in this market. This provides great opportunities for additional corporate & government accounts. This catering business consistently receives referral business & has developed a specific niche in this area of Colorado.
Growth & Expansion:
Seller has developed a profitable & well-established business in this community. A more youthful & motivated owner/operator could grow this business & significantly increase revenues by expanding the wholesale catering accounts & targeting the corporate & wedding events industry.
Support & Training:
Seller will train and introduce Buyer to repeat customers for a smooth transition.
Reason for Selling:
Retirement

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Randy Marshall

Business Listed By:
Randy Marshall

Doberstein Lemburg Commercial, Inc.

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