Premier, Full-Service Catering & Food Production Business For Sale - 11678

Price
$7,500,000 (Business & Real Estate)
Location
Industry
Category
Catering/Food Production
Description

A premier full-service catering, and food production business located in the Minneapolis-St. Paul metro. This company has been in business for over 20 years preparing food for a wide array of clients. Their state-of-the-art facility occupying over 20,000 total SF was custom designed for their commercial kitchen, temperature-controlled production/manufacturing department and food storage needs. There is a team of trained kitchen staff in place and plenty of room to expand further. Yearly revenues are a mix of catered events and contracted food production. 2023 total revenues exceeded $2.8M with an adjusted net income of $1.25M.

Great opportunity for someone already in the food industry or event space to capitalize on an established business with all equipment, staff and production contracts in place. Asking price for the business and real estate is $7.5M or the business can be bought separately for $6M. SBA Financing Available for Qualified Buyer. Serious Inquiries Only Please.  

Listing ID
11678
Value From Year
2023
Cash Flow
$1,249,775
Value of Real Estate
$1,500,000
Gross Sales
$2,818,558
Reason for Selling
Other Interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
No
Years Established
20
Full Time Employees
5
Part Time Employees
8

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