Details - Information last confirmed on May 28, 2021
Listing ID # 34061
High End Catering & Event Company. Established in 2014, this business quickly became the preferred vendor for high end weddings. As of May 2021 they have approx. $2mil in booked weddings for the rest of 2021 and many for 2022. Approx. 85 booked weddings for 2021 and 40 weddings booked for 2022 already. Due to demand they must turn away approx. 30 weddings/year (even pre-pandemic). That is in addition to smaller private parties and events they must turn away simply due to time constraints. The sale price includes booked events at the time of closing, all furniture fixtures and equipment to handle four 220 guest events per day. There is a rented space for dry goods and equipment storage. 8 years remain on that lease with a rent of $3k/mth. This business has garnered 5 Star reviews with highly respected wedding websites and magazines as well as preferred vendor status with countless venues. Expected owner's cash flow for the current events is over $500K and growing daily. The owners understand that there are relationships that must be nurtured for a smooth transfer and they are willing to stay on for up to 3 years post-closing to ensure this. We are seeking a serious and financially qualified buyer with at least $1 mil in liquid funds to cover the down payment. Proof of funds shall be requested prior to a seller meeting. All buyers must have a customer service and food service background. This is an ideal add-on to existing restaurant or deli. To learn more, please call, text or email broker. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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