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Food & Beverage

Exceptional Full-Service Catering Business with Real Estate For Sale - 11678 DJCL

Minnesota, USA
Updated 13 hours ago

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 ($1.4M remodel) 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 or lease kitchen space to another business. 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 is $4.5M. Real Estate valued at $2.5M can be purchased separately, if desired, or leased. SBA Financing Available for Qualified Buyer. Serious Inquiries Only Please. For more information, contact Christopher Lappen, Duane Johnson or Jean-Marc Johnson. ([email protected], Duane Johnson [email protected], or Jean-Marc Johnson [email protected]) or call 952-831-3300.

Category

Catering/Food Production

Listing Id

11678 DJCL

Value From Year

2023

Years Established

20

Full Time Employees

5

Part Time Employees

8

Value Of Real Estate

$2,500,000

Value Of Equipment Included

No

Reason for Selling

Other Interests

Financials

Asking Price
$7M
RevenueMost Recent Year
$2.8M
Earnings (SDE)Last Reported
$1.2M
Assets Value
Undisclosed
Seller Financing
Not available

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