Listing Number: 76931-365349
Description
This catering business represents a prime acquisition opportunity with 2023 revenue exceeding $10 million and an impressive EBITDA of over $2.18 million. Specializing in high-end catering services, the business has established a solid reputation for delivering full-service, boutique catering to an exclusive clientele of wealthy individuals, large corporations, and prestigious institutions. Over the 22-years of its existence, the business has become a premier catering company, renowned for its modern creations and inventive interpretations of American, international, and regional cuisine.
The business’s success is built on its commitment to quality, personalized service, and a deep understanding of the luxury market. Its experienced management team and skilled culinary staff ensure that every event is executed flawlessly, maintaining the highest standards that clients have come to expect. The company is well-positioned for sustained dominance in its market, with opportunities to expand its reach within the corporate sector and further capitalize on its reputation for excellence. This sale presents an exceptional opportunity for investors or industry players looking to enter or expand in the lucrative high-end catering market.
Listing Details
- Price: $9,600,000
- Down Payment: $5,500,000
- Sellers Discretionary Earnings: $2,180,896
- Total Sales: $10,029,588
- Location: Harris County, Texas
- Inventory: $50,000
- FF&E: $1,100,000
- Employees: 532
- Year Established: 2002
- Reason for Selling: Retiring
- Category: Restaurants
