Dynamic Full-Service Caterer

Guilford County, NC

Dynamic Full-Service Caterer
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Asking Price: $895,000

Cash Flow: $442,000

Gross Revenue: $1,092,000

EBITDA: N/A

FF&E: $117,000

Inventory: $1,000

Rent: $2,775 /Month

Established: 1977

Dynamic Full-Service Caterer

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Business Description

Emphasis on corporate clients, strong repeat business

This long-established, profitable company offers full-service custom catering services throughout the rapidly growing Triad region of North Carolina (Greensboro, High Point, Winston-Salem). In addition to its extensive off-premise catering capacity, the Company is the exclusive onsite caterer at one of the region’s premier conference centers.

The Company delivers unique and memorable corporate dinners, luncheons, conferences, weddings, parties, and other social functions. A majority of revenues come from corporate clients. The Company has the capacity to cater events as large as 3,000 persons, and has catered as many as five events in a single day, with some being fully staffed and others involving drop-off service only. Company prides itself on customizing the menu to the clients’ needs.

Outstanding opportunity to enter a profitable catering business with established and loyal clientele and staff. Non-disclosure agreement required.

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Detailed Information

Location:
Guilford County, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,410
Lease Expiration:
10/31/2022
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company occupies two suites totaling 4,410 square feet, fully furnished with commercial kitchen equipment, refrigerated and freezer storage space, conveniently located to facilitate delivery virtually anywhere in the Triad region
Growth & Expansion:
Add outside sales staff, increase marketing / advertising budget, product extensions such as food truck or restaurant
Support & Training:
Full support for 30 days; willing to extend based on mutual agreement to achieve a smooth transition
Reason for Selling:
Retirement
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Business Listed By:
David Bass

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