Profitable Off-Premise Catering Company in Chittenden County Vermont
| Cash Flow: | $450,000 |
| Inventory: | $21,000 |
| Established Year: | 2003 |
| Gross Revenue: | $1,800,000 |
| FF&E: | $175,000 |
This Catering Company is a 20-year-old, profitable, off-premise food and bar catering company in Northern, Vermont that has an outstanding reputation for professionalism and high-quality food and service.
Founded in 2003, the company has grown to become one of the premier event catering companies in Vermont. With two exclusive venues, an extensive corporate client base, excellent brand awareness, and a proven record of profits the Company is poised for future growth and success. Events include weddings, memorials, non-profit annual meetings, fundraisers, conferences, corporate receptions, corporate holiday parties as well as private jet catering. Virtually all of the weddings are at exclusive venues. Typical event size is 50 to 150 people, however, the Company has the capacity to cater for 1,000 people or more.
The Owner(s) are now ready to move into a new phase of their careers. After 20 years of running the Company, they are looking forward to exploring new professional opportunities and pursuing other personal interests. The Company has built a capable, professionally trained management team and over the past year, they have been able to be less involved in the day-to-day management of events and the business as a whole other than regular guidance, assistance and financial management.
The Company has seven full time employees, who have worked with the company between three and seven years. Additionally, there is a cohort of 50+ part-time, on-call employees, many who have worked between 2-10 years with the Company. The Company has experienced very low turnover against the industry average. With these focused employees, the Company will be able to be run very efficiently and profitably.
