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Premier, Full-service Catering Business In Minnesota For Sale

Minnesota, US
Asking Price:
$7,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,818,556
Cash Flow:
$1,249,775

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 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. 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 and real estate is $7.5M or the business can be bought separately for $6M. SBA Financing Available for Qualified Buyer. Serious Inquiries Only Please.

Property Information

Real Estate:

Real Property Included

Size in square feet:
21,322 sq ft

Business Operation

Reasons for selling:

Other Interests

Trading hours:

Mon-Fri 9am - 4p,, Sat 11am - 2pm

Employees:
5 Full-Time, 8 Part-time
Years established:
20

Other Information

Support & training:

Negotiable

Financing available:

SBA Financing Available for Qualified Buyer

Inventory / Stock value:
$5,000 - included in the asking price