Award-Winning Premier Catering Business

Business Overview:

Quarter 1 2024 profit and net cash projects that the cash flow will double the previous year (2023). and it is now ran semi-absentee. This top award-winning caterers regularly cater for weddings, corporate events and fundraising galas, and they are a preferred caterer at many of the most sought-after venues in Utah. There is a strong sales team and many very experienced employees. In addition, this business provides full event planning services. The business operates out of a well-equipped, spacious kitchen with significant storage, serving pieces and linens, and office space.

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Property Features and Assets:

Monthly Rent: $4,453.00

Square Units (Foot, Meter): 6,550

Lease Expiration Date: March 30, 2026, 11:00:00 PM

FF&E Overview: Extensive kitchen appliances, equipment as well as 5 vehicles, including a mobile kitchen.

FF&E General Condition: Good condition.

Market Competition and Expansion:

Competition:  While there are many caterers in Utah, there are only a few who offer the highest level of food quality, service, and professionalism. This business can handle everything from intimate family holiday meals for just ten people to large, black tie, catered events for several hundred people.

 

Expansion: Although this company has recovered well from COVID, there are opportunities for this business to leverage their good name and reputation by booking additional events and perhaps offered a pop up market to reach more customers in addition to expand marketing via social media and digital advertising.

Reason for Selling:

Retirement

Additional Details:

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