Catering & Event Management Company

Location: United States -> Texas -> Houston -> Houston
Industry: Food and Beverage > Catering Services

Businesses for sale Summary

Award winning catering and event management company is one of the Top 25 firms of its kind in Houston. Prestigious client list, high visibility location, easy accessibility make this a very special opportunity. Assets include a commercial kitchen, walk-in cooler, delivery vans and all the equipment you would expect in a professional service operation. Strengths include food production that is ‘fresh’ and ‘in-house’, innovative presentations and service merchandising, reliability and trustworthiness which all point to why they have a great reputation with their clients. Clearly, a first rate opportunity to lead and excel in catering and event management. Weddings and Receptions account for about 60% of revenue and Corporate Events 40%. Well known in the Houston social scene for turnkey catering solutions and savoir faire. A terrific business and 2009 bookings are up even in the current downturn with both weddings and major clients. Please refer to CBB Listing #6937DA.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $700,000
Cash Flow:   $141,607
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  4 – 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Retirement.