Established Catering Business - Southern Pines, NC
This well-established catering company has been serving the growing Southern Pines community since 2015, building a loyal clientele and strong reputation over nearly a decade of operation. Located in Moore County, one of North Carolina's fastest-growing areas, this business is perfectly positioned to capitalize on continued regional expansion.
Business Overview:
- Annual Revenue: $195,000
- Cash Flow (SDE): $80,000
- Asking Price: $183,999
- 5 employees in 750 sq ft leased facility
- Lease through December 2026 at $1,035/month
The company specializes in mid-sized events (50-100 guests), serving a diverse customer base including the local hospital system, horse park, golfers, and private celebrations. This sweet spot positioning differentiates them from both larger corporate caterers and smaller competitors lacking their established history and systems.
Financial Highlights:
- Strong 41% cash flow margin demonstrates operational efficiency
- 2024 was the best year in company history
- 2025 projections on track to meet or exceed prior year performance
- Established revenue base with institutional and recurring clients
Market Position:
The business serves a unique market mix of retirees, military families, and recreational enthusiasts drawn to the area's golf courses and equestrian facilities. Customers choose this caterer for variety of offerings and exceptional customer service, creating competitive advantages in the local market.
Growth Opportunities:
Moore County's rapid population growth provides significant expansion potential for the established brand. The retiring owner has built strong foundations but chose not to pursue further growth, creating an ideal opportunity for an ambitious new owner to scale operations.
Transition Support:
The seller offers comprehensive transition assistance including systems training, recipe sharing, and minimum three months of operational support to ensure seamless ownership transfer.
This turnkey opportunity combines proven profitability with substantial growth potential in a thriving market, making it ideal for an entrepreneur ready to build upon an established foundation.
Ad#:2391771
