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Premier Toronto Catering Company for sale in Toronto, CAN

Toronto, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 2,550,000 $ 3,777,228 $ 637,372

Business Summary:
Earning over $3.7 million in revenue during 2018, this premier Toronto catering company exemplifies a conscientious approach to delicious food and refined service. Catering is mostly provided to corporate clients holding lunches, events, parties, and conventions with some individual clients throwing private events throughout the year. Menus are customized for each event and considerations can be made for any dietary restriction. The international approach allows for a great diversity in menu options including food from popular culinary cuisines including, but not limited to French, Italian, Chinese, Indian, and Thai. Service options include plated sit-down meals, food stations, items passed by waitstaff, grazing stations, buffets, and boxed lunches. The owner oversees operations but is not involved in the day-to-day management.

The full-operational catering facility features a large kitchen, a pastry area, refrigerators and freezers, loading bays with garage doors, storage, and several private offices. The 4,400 square feet of space contains all necessary equipment and tools to bring the menu to life. The General Manager oversees operations, while the chefs develop menu items and direct the production staff. All culinary assistants, bartenders, and waitstaff are contracted, keeping employment overhead low. Four sales representatives develop relationships with clients and drive sales throughout the year. In order to continue growth, this sales team could develop targeted advertisements or seek to build the lunch catering opportunities available throughout the week.

 

   
Year Business was Established: 1989
   
Number of Employees: 9: General Manager, chefs  
   
Facilities / Terms of Lease: 4,400 sq. ft.: Fully operational catering kitchen, pastry kitchen, refrigerators and freezers, loading bays with garage doors, storage, private offices  
   
Potential Growth/Expansion: Advertise to draw in new clients, build lunch catering opportunities  
   
Owner willing to finance: 15%  
   
Owner willing to train: 90 days or as negotiated  
   
Reason for selling: Exit strategy  
   
Seller Reference Number: RES108
BusinessMart.com Listing Number: 247560
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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