- Asking Price: $899,000
- Gross Income: $1,302,043
- Cash Flow: $361,051
- FF&E: $50,000
- Inventory: $10,000
- Employees: 25-50
- Established: 2008
- Real Estate: Leased
- Lease Expiration: 9/30/2021
Listing ID Number: BBF-8981-00330
Business Description
Highly Respected, Excellent Service and VERY Profitable
A high-end, private client catering company that focuses on the highest quality, standard and originality of food. Uncompromising in their quality of service and product, specializing in tailored menus and event design to suit the client’s taste, style and theme. A wide range of private, corporate, non-profit, gala, and wedding catering, this business provides creative cuisine combined with personalized service and event-design.
Detailed Information
Furniture, Fixtures, & Equipment (FF&E): Included in asking price.
Facilities: Business operates from a total of 5,000 sq ft of dedicated office, kitchen, demonstration and consulting space. There is adequate parking for the company’s customers and employees in a prominent location, well-placed to serve Manatee and Sarasota counties. Rent is offered at $3,100 per month, with a three-year option to extend after the present term.
Competition: Although there are several catering companies in south-west Florida, most do not offer a truly individually-tailored approach to their customers needs, and this is what sets this business apart from the competition.
Growth and Expansion: The attention to detail and exemplary customer service is something that takes years to build, and this business has succeeded for 10 years to take its place as one of the area’s most well-respected catering businesses. With a highly trained and dedicated staff combined with effective event management and continued communication with their customers, repeat orders are high and referrals are strong.
Support & Training: The owner will assist the buyer during a two-week transition after closing of the transaction to ensure continued success.
Reason for Selling: Other business interests.