High End Catering & Event Company. Massive price reduction. Established in 2014, this business quickly became the preferred vendor for high end weddings.
To be more clear, there are approximately . 45 pre booked weddings for 2024 and growing. Due to demand, they must turn away approximately. 30 weddings per year (even pre-pandemic). In addition to smaller private parties and events, they must turn away simply due to time constraints.
The sale price includes booked events at the time of closing, all furniture fixtures, and equipment to handle four 220 guest events per day. There is a rented space for dry goods and equipment storage. 5 years remain on that lease with a rent of $3k/month.
This business has garnered 5-star reviews from highly respected wedding websites and magazines, as well as preferred vendor status at countless venues. The expected owner's cash flow for the current events is over $600,000 and will be higher in 2024 as prices increase this year.
The owners understand that there are relationships that must be nurtured for a smooth transfer, and they are willing to stay on for up to 3 years post-closing to ensure this.
We are seeking a serious and financially qualified buyer with at least $800,000 in liquid funds to cover the down payment. Proof of funds shall be requested prior to a seller meeting. All buyers must have a customer service and food service background.
This is an ideal add-on to existing restaurant or deli. All site visits must be discreet.
Please do not speak with anyone when visiting the location.
All meetings must be scheduled by appointment only!
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