Listing Details:
- Business Category: Catering
- Price: $145,000
- Downpayment: $130,500
- Gross Revenue: $293,397
- SDE: $81,904
- Seller Financing: $14,500
- FF&E: $80,250
- Location: Central Iowa
- Support & Training: 4 weeks
- Reason for Selling: Relocating
- Year Owned: 10+ years
Business Description:
Profitable Central Iowa catering business for just $145,000! Established brand, loyal clients, and clear growth opportunities make this a rare find.
This turnkey, reputation-driven catering company offers a proven foundation with room to grow. Priced at just $145,000, it’s an exceptional entry point into the catering and events space, backed by established branding and steady customer demand. Buyers will step into a business that comes with equipment, seller transition support, and clear growth opportunities identified by the current owner. A unique opportunity to acquire a profitable operation in a thriving market!
Business Highlights:
- Strong brand recognition with a loyal customer base.
- Healthy cash flow with upside potential.
- Well-equipped operation with assets included in sale.
- Excellent value relative to earnings.
- Seller flexibility for training and transition support.
- Clear growth levers already identified: corporate catering, add weekends to the schedule for wedding events, government contracts, culinary school partnerships, catering managers, email marketing, etc.
Business Benefits & Strengths:
- Strong Brand Recognition & Reputation: Well-known in Central Iowa with repeat customers and referral-driven growth. Current owners turn away requests due to their chosen limited schedule.
- Diverse Revenue Streams: Weddings, corporate events, community functions, and potential to add government contracts back into the schedule.
- Scalable Opportunity: Adding staff and/or expanding marketing could quickly increase event capacity. Current owners choose to close their schedule more regularly to allow for ample family time and personal priorities. Based on this, they turn away many customer event requests.
- Low Entry Price: $145,000 provides good ROI potential with earnings stability and plenty of room to grow.
- Transition Support: Owners are willing to provide transition assistance, with flexibility due to their relocation timeline.
- Well-Maintained Equipment & Assets included in the sale: Includes smoker, trailer, coolers, catering equipment, etc. (Full list available after NDA signed.)
- Lifestyle-Friendly: Events are often seasonal and pre-scheduled, allowing for balance and planning. Current owners choose to minimize the events they choose to accept, both during the week and on weekends. New owners will have the opportunity to open up the calendar to see growth and higher revenues.
Ideal Buyer:
- Entrepreneur/Chef: Someone passionate about food and events looking to own a profitable, turnkey operation.
- Existing Catering/Event Business: Operators seeking to expand service territory, add staff, or fold in additional revenue streams.
- Hospitality Professional: Individuals from restaurants, hotels, or event management who want to leverage existing customer demand.
- Family/Partnership Team: Buyers who can share the workload during peak seasons (weddings, corporate events, summer functions).
- Growth-Oriented Buyer: Someone ready to pursue additional revenue through government contracts, expanded marketing, or venue partnerships.
The business price does not include real estate; property may be purchased in addition if desired.
Competitive Overview:
Years of catering experience and attention to detail sets this business apart from the competition. Consistently delicious recipes and food prevent unwanted surprises for customers. The fully booked catering pipeline is testimony to their reputation and has been achieved with minimal advertising budget.
Growth Potential:
Incredible growth in upscale residential developments within the service area ensures ongoing growth potential.
Facilities:
Real Estate is not included in the list price; however, it is available if interested.