Corporate Catering Business

File# C2554
Location: Oakland County
Business Price: $50,000
Down Payment: $25,000
Monthly Payment:$1,096.78
Interest Rate: 5%
Amortization Period:24 Months
Gross Sales: $227,784
Source: 2019 - Seller Provided
Cash Flow: TBD
Source: 2019 - Seller Provided
Inventory: $3,000
Days Open: 5 Days
Business Hours: 7am - 3pm
Seats: TBD
Parking: Ample
Licences Required:Health Dept. & Sales Tax
Year Established:1995
Year Acquired: 2015
Monthly Rent:$2,000 Gross

Profile:

This is an excellent opportunity to own a corporate catering business serving deli-style food which include box lunches, sandwich trays, dessert trays, and breakfast trays. Typically the boxed lunches include a sandwich, bag of potato chips, coleslaw and pasta salad. The business has over 1600 corporate customers in their database and usually, around 200+ are active. Most of the corporate offices they deliver to are located in mid-east Oakland county. The business is currently being run by a husband and wife with two part-time delivery drivers. The owner can provide solid financials for the business and the database keeps track of all the customer information. The sales of the business have been consistent for the past three years but there is enormous potential for growth. Currently, the owner is not actively marketing the business. In the past, the owner sent out some sample trays and did some cold calling but they have not utilized any other marketing methods like direct mail and digital marketing. Their location is a stand-alone building on a very busy road but only 1% of the current revenues are from walk-in traffic. The business is open 5 days a week from 7 am to 3 pm. A new owner can revamp their marketing efforts and get more corporate clients as well as promote walk-in traffic to increase revenues drastically. This opportunity will not last long and is priced to sell. Contact us today to learn more.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.