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- RE: Elite Catering/Restaurant-Fully Staffed & Booked
- Contact: Doug Hove
Quick Facts
Asking Price: | $262,000 | |
Annual Revenue: | $295,818 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $103,427 | |
Total Debt: | Not Disclosed | |
FF&E: | $80,250 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 9 | |
BBN Listing #: | 585550297 | |
Broker Reference #: | 17441-164114 |
Business Overview:
Central Iowa Catering, Great Reputation w/Bookings
Summary: This business offers catering for corporate, wedding, and other events.
This is a great chance to be your own boss and the master of your own schedule. This profitable and long-established catering business enjoys great name recognition, repeat customers, and has multiple opportunities for growth. Bookings for catering events are typically a year out and based on the scheduled availability set by the owner. This is one of the areas ‘go-to’ caterers for weddings, corporate lunches, and other events.
Ideal Buyer: If you are looking to become your own boss, don’t miss out on this established business. If you own a catering business and are looking for strategic growth through acquisition, this is a great opportunity.
Incredible growth in upscale residential developments within the service area ensures ongoing growth potential.
Years of catering experience and attention to detail sets this business apart from the competition. Consistently delicious recipes and food prevent unwanted surprises for customers. The fully booked catering pipeline is testimony to their reputation and has been achieved with minimal advertising budget.
Real Estate is not included in the list price; however, it is available if interested.
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Property Features and Assets:
Real Estate is included with this sale. Located with easy access on a main business street with plenty of parking. The site is appealing and business is neat as a pin inside and out. Seats 30. 11 years owned with 5 years at the current location has yielded great name recognitionMarket Competition and Expansion:
Competition: Years of catering experience and attention to detail sets this business apart from the competition. Consistently delicious recipes and food prevent unwanted surprises for customers. The fully booked catering pipeline is testimony to their reputation and has been achieved with minimal advertising budget. Expansion: Incredible growth in upscale residential developments within the service area ensures ongoing growth potential.Reason for Selling:
RelocatingAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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