Services - Other Miscellaneous services | Services - Other Business Services

Asking Price	$175,000	Inventory	$8,000*
Gross Income	$890,738	Real Estate
Cash Flow	$98,200	Year Established	1991
FF&E	$110,300*	Employees	2FT, 25PT(vary)

* included in the asking price

** not included in the asking price

This long established caterer offers full-service catering to wedding parties, numerous state agencies, and businesses throughout the Treasure Valley. The successful buyer inherits a company that does well over 900 events annually, an outstanding reputation earned from 17 successful years of service, a fully stocked commercial kitchen, and a customer database of over 1000 names, over 200 of which bring repeat business. Main assets include a 2006 Ford Cargo Van and a Chevrolet 2500 Cargo Van, two Traeger Smoker s on wheels, several freezers and refrigerators, and all the carts and utensils necessary to run a full fledged catering company. Equipment is serviced quarterly. Product inventory is valued at approximately $8,000. Total asset value is estimated at $118,300. Turn-key business with a good backlog.

Facilities: Two 1000 square foot units, side by side, on a $1200.00/month full service lease that expires October 2009.

Competition: There are approximately 20 or so caterers in the Valley, in addition to a number of restaurants that offer some variation of catering services. What sets this caterer apart is its reputation from 17 years of outstanding service, its preferred vendor status with all major event hosting hotels and dining locals in the area and its high quality of food. All dishes are made from scratch and all foodstuffs are locally grown and harvested where possible.

Growth/Expansion: The owner s only form of formal advertising is a booth at the annual Wedding Show. Other than that, all business comes by word of mouth, which is the best form of advertising possible and a testament to the company s outstanding reputation in the Valley. Additional sales could easily be obtained with a targeted marketing program aimed at large employers, BSU departments and its athletic club, and non-food service hotels hosting family reunions and such.

Financing: Negotiable

Support/Training: 40 hours of training are included in the asking price.

Reason Selling: After 17 years, owners are ready to retire.