Listing Details:

  • Business Category:      Food Business
  • Price:                                  $2,700,000
  • Gross Revenue:             $6,391,261
  • SDE:                                   $888,676
  • Seller Financing:          $270,000
  • Location:                          Midwest
  • FF&E:                               $587,250
  • Support & Training:    8 weeks
  • Reason for Selling:      Retirement
  • Non Compete:               100 Miles for 5 Years
  • Years Owned:                10+
       

Business Description:

A well-established, full-service catering company serving weddings, corporate functions, and private social events, with a full management team already in place. The company has recently sharpened its strategic focus, exiting a lower-margin, non-core service line to concentrate on its higher-margin core catering business. Profitability has held strong through this transition, leaving a cleaner, more focused operation.

Revenue is largely pre-booked and contracted in advance, offering forward visibility that's uncommon in food-service acquisitions. This is an event-driven business, not a fixed-location restaurant dependent on daily walk-in traffic.

 

Key Strengths:

  • Deliberate focus on higher-margin event catering niche
  • Full management team in place; low key-person dependency
  • Long-standing venue and vendor relationships
  • Pre-booked, contracted revenue model
  • Long-established reputation and referral-driven client base
  • Owner retiring after a long, successful tenure

A Note on Financials:
Reported revenue has declined over the past two years due to a deliberate exit from a non-core program. Adjusted earnings reflect the strength of the ongoing core operation. Full financial detail available to qualified buyers under signed NDA.

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