Seller's Contact Information
- RE: 25+ Year Established Catering Business - Real Estate Available
- Contact: Tim Whipple
Business Overview:
Established for over 25 years, this premier catering service in the Phoenix Metro area, has built a stellar reputation for exceptional service, reliability, and culinary excellence. With a solid revenue stream from multi-year contracts, including some notable clients, this business stands out for its ability to deliver high-quality, custom catering experiences for a wide range of events. The company's robust business model includes both contracted food services and one-off event catering, making it a versatile and profitable venture. The owner's commitment to quality and service has fostered strong relationships with top clients, accounting for a significant portion of sales revenue. A dedicated team of professionals, including managers for key contracts and an experienced back-office staff, ensures smooth operation and client satisfaction. The offering presents a turnkey opportunity for a seamless transition to new ownership, ready to benefit from existing contracts and untapped growth potential.There is significant potential for growth and expansion through increasing the number of one-off catering events and further penetrating the market by securing additional multi-year food service contracts. Expanding the current marketing efforts and capitalizing on the business's low marketing spend relative to revenue could effectively enhance visibility and attract new clients. Additionally, leveraging opportunities to modernize and diversify menu offerings to meet evolving dietary preferences can open up new revenue streams.The financial information shown (Revenue and Cash Flow) are calculated based on the 2023 business tax return. All financial information to be verified by buyer.Market Competition and Expansion:
The catering industry is a vibrant sector that has shown resilience and adaptability. According to industry reports, sector revenue is expected to continue rising, driven by increasing demand for high-quality, flexible catering solutions for both corporate and private events.Reason for Selling:
The Seller is looking to retire.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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