Long Established, Successful Catering BusinessListing: #OR00308
About this Business for sale inLong Established, Successful Catering Business
This is a CASH COW!
A successful business for decades doesn’t come to the market often. Now is your chance to grab it! A motivated seller who wants to retire and enjoy more time with the family.
It all started as a very small family business who are passionate about cooking great food. With their dedication, they have grown the company into one of the most sought-after catering businesses in the Philippines. Well-known for their creative menu and topnotch service that can serve thousands and thousands of guests in one day. Accredited by several outstanding non-stock, non-profit organizations as well as international and national caterer’s associations.
Sale includes 2 properties: 1 office/commissary and 1 warehouse. They have a leased sales and marketing office that can also serve as an events place for small occasions. Average contract/event per month is 300 and can reach up to 1000+ on December. Company has approximately 200 regular and 300 “on-call regular” employees. Buyer will not have any problem with transition as they already have a complete line of chefs, well-trained for the past 10 years.
Average Annual Gross Sales is just a little under ₱300,000,000 with huge potential to grow. Very attractive profit since catering business is known for higher margins compared to retail food businesses. This is the best time to enter the market given that Filipinos love food and celebration!
Call Princess now to set up an appointment!
Detailed information shall be provided to potential buyers who have displayed genuine interest and with a signed Non-Disclosure Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
+63 2 900 8000
+63 917 514 4535
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.