$3,388,000.00
Asking Price
Status: Active
Posting ID: 284830
1/24/24
Description
This business is a leader in the catering industry, comprised of multiple divisions with recurring revenues and is poised for further growth in multiple areas in the hands of the right new owner. The business is brand-recognized with a well-established reputation and long-standing community presence. With over two decades in the industry, this business is in a prime location for easy access. The business has seen consistent growth in revenue year over year with many word-of-mouth referrals. A buyer could follow multiple avenues of growth to build off the foundation set by the current owner. The business has the proper infrastructure and organization make up to successfully operate without daily involvement of the owner.
Business was launched as a consulting business, engaged in managing a restaurant and food and beverage operation. The business then expanded into providing full-service school catering and school meals, as well as corporate office meal delivery and some ready-made meal delivery services. The brand is synonymous with quality, expertise, and exceptional service. With numerous culinary business ventures and active community charity fundraising efforts, the Culinary Leadership Team of the business is a true pillar in the community.
Competitive Overview: A strong history and superior client-focused attention to detail, dedication to excellence, quality of products, global recipe book capable of meeting any client’s program, proven menus, and quality of execution differentiates this business from its competitors. In addition, a large database of approximately 10,000 contacts which include past clients and referral sources creates a unique and strong business with huge potential for growth.
Potential Growth: Growth opportunities for the business include increasing weekend and evening catering, building a relationship with a larger charter school as well as a high school with its own kitchen and a corporate in-house culinary operation. Securing on-site event spaces with a liquor license will increase food and beverage revenues. Developing close relationships with larger local event planners can increase the sales. In addition, utilizing the commissary to prepare pre-packed meals and snacks for the retail industry create additional growth opportunities.
The business is in an excellent location close to all major freeways with ample reserved parking, making it very suitable along with a long-term lease. This location was strategically selected to allow access to clients from all over Orange County, northern San Diego County, Southern Los Angeles County including Beverly Hills, and western Inland Empire.
To get more information about this Catering Company - Well Established Reputation business for sale in Orange County please phone Matt Manavi, CBB, CBI, M&AMI (Intermediary, Broker - BRE License #:02018229) at 714-923-1222 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284830 on BizBen.com. In addition to phoning Matt Manavi, CBB, CBI, M&AMI, make sure you email Matt Manavi, CBB, CBI, M&AMI above to get more info about this Catering Company - Well Established Reputation, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02018229. Transworld Business Advisors of Orange.
Contact
Details
Asking Price: $3,388,000.00
Down: $3,388,000.00
Cash Flow: $770,691.00
Revenue: $5,553,176.00
Area: Orange County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$400,000
Revenue
$1,100,000
Down
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Posting: 272547 | Available | 4/26/24
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
N/A
Revenue
N/A
Down
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Asking Price
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Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
$730,720
Down
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Cash flow
$86,284
Revenue
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Down
$750,000
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Cash flow
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Revenue
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Down
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Asking Price
$2,500,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
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Asking Price
$2,900,000
Cash flow
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Revenue
$1,000,000
Down
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Asking Price
$439,900
Cash flow
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Revenue
$4,500,000
Down
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Asking Price
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Cash flow
$120,000
Revenue
$840,000
Down
$338,000
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
N/A
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Cash flow
$74,842
Revenue
$142,544
Down
$125,000
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Asking Price
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