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Catering Company w/Unique & Exciting Market Niche & Growth Opportunity

California, Los Angeles
Asking Price $105,000.00
Gross Income $804,399.00
Cash Flow $804,399.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Catering
Overview
This semi-absentee managed and potentially home based food catering company focuses on a unique industry that provides it a particularly unique market niche as a function of its widespread appeal as well as the simplicity of its food prep operation that does not even require a kitchen food preparation facility or a hood! The company enjoys a continuously repeating, and extraordinarily exciting, customer base that has been developed for over a decade and a half and is anticipated to remain loyal. Every aspect of the company s operation is documented and an invaluable comprehensive 35 plus page policy and procedure manual is in place for every employee in any situation.
Business Details
Location and Facilities: This business was formerly run out of a 1,000 square foot office / warehouse (without a kitchen) that leased for $1,100 per month, however it is now quasi-home based. The sale includes all of the operation s furniture, fixture and equipment, including 2 vans, a refrigerator and a freezer, as well as its invaluable goodwill with clients who are and should continue to remain customers.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: As the business is and has been managed as a side project, many very simple opportunities exist for immediate growth that include engaging in marketing activities (as the owner has never marketed the business), cutting food costs up to 30% by purchasing food wholesale or from Restaurant Depot as opposed to sourcing via traditional markets, expanding the account base or entering into complementary forms of more complex food catering that perhaps would require a hood or more extensive facilities. Competition: This niche market catering company faces Competition that differs from that of traditional caterers. As it is an industry veteran with a well established client base this provides it a degree of credibility that provides it a distinct competitive advantage.

Reasons for Selling: Personal

Financing:

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