Request More Information Contact the Seller
- RE: Exceptional Full-Service Catering Business With RE
- Contact: Chris Lappen
Quick Facts
Asking Price: | $7,000,000 | |
Annual Revenue: | $2,818,556 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,249,775 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $2,500,000 | |
Year Established: | 2004 | |
Employees: | 13 | |
BBN Listing #: | 940527 | |
Broker Reference #: | 11678 DJ CL |
Business Overview:
A premier full-service catering, and food production business located in the Minneapolis-St. Paul metro. This company has been in business for over 20 years preparing food for a wide array of clients. Their state-of-the-art facility ($1.4M remodel) occupying over 20,000 total SF was custom designed for their commercial kitchen, temperature-controlled production/manufacturing department and food storage needs. There is a team of trained kitchen staff in place and plenty of room to expand further or lease kitchen space to another business. Yearly revenues are a mix of catered events and contracted food production. 2023 total revenues exceeded $2.8M with an adjusted net income of $1.25M. Great opportunity for someone already in the food industry or event space to capitalize on an established business with all equipment, staff and production contracts in place. Asking price for the business is $4.5M. Real Estate valued at $2.5M can be purchased separately, if desired, or leased. SBA Financing Available for Qualified Buyer. Serious Inquiries Only Please. For more information, contact Christopher Lappen, Duane Johnson or Jean-Marc Johnson.Â
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information