Catering Company Asset Sale, RE available

  • List Price: $750,000
  • Sales: NA
  • Adjusted Income: NA
  • Down Payment: NA
  • FFE Values: 550000
  • Inventory: NA
  • R.E. Value: NA
  • Location: Utah
  • Category: Personal Services

This company has been Utah’s premier catering company for nearly 30 years. They provide custom-designed menus and creative presentation for corporate and social events, as well as high-end weddings, from receptions for hundreds to small dinner parties. They regularly serve high profile clients, including The Sundance Film Festival and Olympic events. Beyond their food and beverage services, the company provides event design and coordination, rentals and decor. The company has a strong management team and operating systems, including a proprietary software program used to track projects and produce management reports, that allow them to provide customer service second to none in the market. Assets of the company are for sale to include equipment assets, building, name and intellectual property.

$750,000 for the Business assets

$1,450,000 for the building

$2,200,000 total, but can be sold separately

Business equipment assets are estimated at $550,000

$1,500,000 catering business already on the books for 2020

Asset Sale, no financials

Estimated gross revenue for 2019 $3,500,000

Estimated gross revenue for 2020 $3,900,000

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