Charter & Private School Lunch Catering Business

Business Overview:

This husband & wife run business has been operational in Arizona for 3 years. The business specializes in providing healthy, catered lunches to charter and private schools in the greater Phoenix area. Established in 2001, the company provides full lunch preparation, delivery to school, serving of the meals, and tear-down/clean-up. Approximately 90% of service revenue comes from School Lunch services, with additional revenue opportunity in providing evening & weekend event catering. YoY sales are steady, with substantial growth from 2022-2024. The client list consists of multiple top-tier charter schools. Owners’ weekly hours are less than 40 (on average) with nights, weekends, and holidays off.The seller works full-time in the business, and the spouse provides administrative support; there are currently (4) additional staff members on payroll. All equipment is included, including: vehicles, double-stack ovens, four-burner stoves, 15-gal fryers, double-door freezer, and miscellaneous items such as cambros, pots/pans, sheet trays, storage containers, etc.; Actual Cash Value of equipment is ~$32,000. The business operates out of a shared, leased space of 1,000 square feet. Scaling the business is a matter of adding new school accounts, additional staff, and expanding geographic service area. With the addition of a sales/marketing person, as well as an increased web presence, the owners believe there is ample opportunity for growth & expansion.The seller will provide 4 weeks of training and orderly turnover to the new owner, at 20 hours per week. This is available for both the operational side of the business (food prep, etc.) as well as the administrative side (payroll, bookkeeping, client introductions). Additional training is available for a fee, at the seller's sole discretion. Sellers will agree to a non-compete for a period of 5 years, post-close of escrow. Owners are looking to relocate to a different state and embark on a new career adventure. Sales Revenue and Cash Flow show are for 2023. All listing information to be verified by the buyer during due diligence.The business is listed by HUB Commercial, an affiliate of Sunbelt Business Brokers in the State of Arizona.

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Reason for Selling:

Owners are looking to relocate out of state

Additional Details:

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