Unlock the doors to a thriving culinary enterprise!
This Corporate caterer business, with a remarkable 26-year legacy, is now on the market.
The current owner, at the helm for the past 3 years, presents an exceptional opportunity for a passionate individual or savvy investor to take the reins and steer this culinary venture to new heights.
Key Business Features:
• Established Legacy: With roots reaching back 26 years, this business has a rock-solid foundation and a loyal clientele.
• Diverse Culinary Offerings: From mouth-watering African and Vegan cuisines to tantalizing Mexican, Indian, and bespoke requests, the menu caters to varied tastes.
• Well-Trained Staff: A skilled and versatile culinary team is adept at crafting diverse home-cooked meals, snacks, platters, pre-packed meals, and mini snack platters.
• Flexible Operating Hours: Open 5 days a week from 8 am to 4.30 pm, with the flexibility to accommodate early morning or late evening events.
Business Growth Opportunities:
• Untapped Potential: With 10 corporate clients currently served, there's ample room for expansion and growth.
• Strategic Marketing Focus: Elevate the business through targeted marketing and social media campaigns.
• Ideal for Catering Professionals: Perfect for individuals already in the catering industry looking to expand their customer base and geographic footprint.
Practical Considerations:
• Reason for Sale: The current owner, pursuing a full-time position, regrettably lacks the time to fully exploit the business's potential.
• Lease Negotiable: The pending sale hasn't impacted the current lease, and the landlord is amenable to negotiation.
Business Valuation:
• EBITDA Calculation: Using the last 12 months' EBITDA, the business is valued at R 725,319 based on a conservative P.E. ratio of 3.
• Transparent Due Diligence: All financials and valuation components are open for verification during due diligence.
Act Now! Seize the Opportunity: This is your chance to acquire a flourishing Corporate Caterers Business with a rich history and untapped potential. Don't miss out on the chance to own and grow this culinary gem. Contact us today to schedule a viewing and embark on a delectable business journey!
Serious inquiries only. Financial details and additional information are available upon request.
Selling at R 680,000 for a quick sale
Inclusive of Assets, stock
