Established Catering Company
This is a regionally known full service catering company that has been established in the Greater Puget Sound area for over 17 years. It is totally turnkey. They have specialized in servicing Snohomish County and have catered many events throughout the County. This is the “go-to” catering company for the people, companies, and agencies in the “know”. They have built a solid reputation for quality, service, fair pricing, and a “hassle-free” experience. The business offers catering services to corporate functions, holiday parties, wedding receptions, birthdays, anniversaries, life celebrations, special venues, film production companies, government and civic agencies, and many others. Their client list is the Who’s Who of Snohomish County – Dreamliner, Boeing, Providence Medical, the Wedding Guild, the Future of Flight, and more. Over 80% of their catering business has been to corporate clients, about 10% to weddings, and 10% to private parties. They have a variety of menus (breakfasts, buffet lunches, box lunches, buffet dinners, appetizers, party platters, desserts, holiday menus, and wedding menus). The current owners are retiring; the partner who is the event planner has had a serious illness for a couple of years that has prevented her from fully participating in the business and thus cost the company a major contract with the Museum of Flight at Boeing in Everett. The business occupies a 1600 square foot space in S. Everett. There is a fully equipped kitchen with a 10 foot hood, ovens, an extra vented hood, a walk-in freezer, lots of prep tables, and more; an area that could be utilized as a functional conference and meeting room to consult clients, and an office. The business indludes office equipment and furnishings, a complete kitchen with equipment, and event function and catering equipment. The owners currently leases out the kitchen at night for $375 per month or $50 per day (this is very low rent for a kitchen in Snohomish County). The current owners have done no advertising for many years, they average about an 80% repeat business from their current clients, the new owner could greatly increase the revenues by concentrating on upgrading the current website and starting a vigorous social media campaign. The new owner could easily increase the existing business by starting food packaging and bottling, focusing on food trucks and fair concessions booths, increasing the number of Government catering venues, and focusing on increasing the number of weddings and private functions. The new owner could also expand the catering to King and Skagit Counties. The new owner could add a BBQ venue to its offerings. This is a dream come true for the astute Buyer.