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Listed by:

Transworld Business Advisors of Orange

Multi Division Catering Business For Sale

Orange County, California, US
Asking Price:
$3,388,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,553,176
Cash Flow:
$770,691

Multi-Division Catering Business w/Recurring Rev&Upside Potential

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.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $13,120.00

Square Units (Foot, Meter): 8,575

Lease Expiration Date: September 30, 2032, 12:00:00 AM

Terms Options: One 5-Year

Location:

Facilities: 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.

Premises Details:

FF&E Overview: All kitchen and serving equipment. Trucks. Listed separately.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Retirement

Trading hours:

4:00AM - 3:00PM

Employees:
53

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Furniture / Fixtures value:
$130,000 - included in the asking price
Inventory / Stock value:
$80,000 - included in the asking price