With $367,416 in booked events so far for 2022 and $100,000 worth of deposits and operating funds that the new owners can utilize.
A well operated, nationally recognized off site catering business with a diverse corporate and wedding clientele. They have been servicing for over three years providing delicious foods from small intimate groups to large gatherings of hundreds or more people out of a catering truck with a built-in wood burning oven. They have an incredible reputation and are well known for providing excellent food and service, which is evident by their business. The business has been experiencing double digit revenue increases every single year, except in 2020.
A great reputation with 4.9 stars on Google, Facebook, and other platforms, established 2017, efficient, profitable, and a substantial opportunity for growth, the company is fully booked for 2022, the new owner could establish a multiple team catering company with multiple events per day by adding one more catering truck. A similar truck to the one they currently have can be built in a few weeks and cost around $180,000. The truck can easily generate an additional 400k to 500k per year. Also, the new owner can focus on public events to generate more revenues, (the company booked master’s 2019 for $75k for 3 days). The company grossed over $550,000 with the owners pocketing over $122,192. New owners can add an additional $51,942 by assuming the role of sales and booking.
The company operates out of a commissary kitchen with office space, kitchen, and warehouse for storage. The total square footage of the facility is 2,500 sq ft in total with the office space making up 480 sq ft., bathrooms and storage closets taking 152 Sq ft. This leaves the warehouse with 1,368 sq ft plus the 500 sq ft above the commissary; built as a stand-alone room with storage above. Located right on Peachtree Industrial and I-285, making it an ideal location to easily travel around Atlanta and Metro Atlanta with all the major highways being within a mile away.
If you are looking to expand your existing food service business, or if you always had a desire to be involved in this industry. With a good business acumen, this could be a great fit!
PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT.
Asking Price: $500,000