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Health Food Delivery / Catering in Growing Niche Market!

California, Los Angeles
Asking Price $199,000.00
Gross Income $303,713.00
Cash Flow $303,713.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Deli Catering

  • Catering
Overview
This local health-oriented and environmentally friendly food delivery service is the incumbent player in their unique and rapidly growing niche. The firm has developed a system for providing its extraordinarily loyal Southern California client fresh ready-made meals comprised of entrees, appetizers, soup and desserts. The company s meals are rotated and delivered on a weekly basis to their dedicated following - 75% of whom have ordered more than 6 times! What s more, the semi-absentee owner has figured out how to regularly satisfy their clients while only working 2 days per week with assistance from 1 full-time employee and independent contractors as needed. This industry leader has been established for over 10 years and boasts a 3,200 client database, a nearly 5 star Yelp review, and a dedicated Facebook following.
Business Details
Location and Facilities: The straightforward catering / delivery business operates out of a 2,000 square foot kitchen facility that food packaging and servicing is outsourced to. As such, they are not tied into any fixed lease and have optimal flexibility. The pay roughly $2,200 per month for the lease of office and storage space, as well as equipment usage (they do not own their food production equipment as their food is co-packed by a catering company). The sale includes the business s tremendous goodwill, including its trade name, customer database, recipes, staffer and co

Support/Training: 20 Hours per week for 2 Weeks or as negotiated

Market Information and Position: New owners may seek to grow this business in any number of directions. To begin with, the current owner is not a chef and only dedicates two days per week to his other ventures. As such, savings may immediately be realized via a full-time working owner. Even more, this company has limited its Geography to Southern California to maximize the freshness of its food product while minimizing the complexity of the operation. With slight packaging modifications, however, this firm could service the Western United States. Competition: Moderate competition exists at different levels however this company has carved out a unique, and rapidly growing market niche in local fresh delivery of its health oriented and environmentally friendly food category that is holds a commanding position in.

Reasons for Selling: Personal; Alternate Career Focus

Financing:

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