For Sale: Catering Business w/Carry-out Drive-Thru Restaurant

Business Type:   Catering Business with Carry Out / Drive-thru Restaurant

Location:   Indiana

Business Overview:  The Company operates as a catering and restaurant business. The Company’s catering business serves a varied customer base ranging from corporate events and fundraisers to weddings, holiday gatherings, tailgating, and other occasions. They currently operate the restaurant for drive-thru/carry-out only with limited hours during the week and longer on the weekends. New ownership could expand revenue and profits by operating the restaurant on a fulltime basis including reinstating in-restaurant dining.

INVESTMENT APPEAL • Low Employee Turnover, Tenured Non-owner Management Team: The Company’s loyal, experienced, and friendly staff is one of The Company’s many attributes. The Company’s management team includes Kitchen, Drive-Thru, and Catering Managers, each with more than a decade of experience. • Strong Supplier Relationships: The Company benefits from longstanding and dependable vendor relationships, providing it a steady source of high-quality food, beverage, and restaurant/catering supplies. • Superior Name and Reputation: The Company has built a superior name and reputation for its warm, welcoming environment along with delicious food and friendly staff. The Company benefits from a high rate of repeat business and word of mouth from a loyal client base. GROWTH OPPORTUNITY – Inside Dining,  Add Liquor Sales, Additional Sales Staff

 

COMPANY STATS – Established 1960, 250 active accounts

Real Estate: Restaurant real estate is owned by seller through another entity and available for purchase.  Satellite kitchen is rented from a 3rd party.

Facility Description:  Restaurant 2400 sq. ft – Satellite kitchen 2000 sq.ft.

Employees:  8 FT & 38 PT employees

Owner Involvement:  Owner is involved in the business

Support & Training:  Support/training will be offered for a smooth transition

Reason for Selling: Retirement

Seller Financing Available:  TBD

For Sale Catering Carry Out Drive Thru

 
Asking Price: TBD 

Gross Income:  2021 – $1,421M  2022 est. – $1,550M   2023 – Projected $1,750

Reason for Selling: Retirement

Seller Financing Available:  TBD

Contact Our Broker: Marcia Conley

Email: Marcia@bibgroup.net

Phone: (260) 760-3306