Wednesday, 7 March 2018

S-924-11 NTB Mobile Commercial Catering Business (West US)



Business Description:
A long established and highly profitable mobile, commercial kitchen serving the various needs of special volume meal and hospitality services for primarily disaster and related remote extraordinary events. As a certified USDA, GSA, Forest Service and military preferred contract holder, the company’s excellent performance history rating insures priority future deployments.
Distribution:
The company maintains strong governmental relations and the ability to dispatch experienced teams quickly anywhere in the nation. In addition to ongoing work the company is in the second year of two five-year Federal contracts and one ongoing 25-year GSA production contract.
Operational Strengths:
The company’s strongest features are its reputation for quality service and “1st call” preference with decisions makers. The company has been awarded numerous higher than average margin special event activities such as a six-month Hurricane Katrina history, a three-month space shuttle recovery operation, the 2002 Winter Olympics, and 24 years of wild land fire crew catering history. They can provide 15,000 meals a day.
The Transaction:
The Owner’s will stay on for a transition period while the Management Team would like to stay on. There is Seller financing for over 50% of the sales price.

                                                                   


Financial Summary (000’s)

2017
2016
2015

Revenue
 7.9 M
2.5 M
 3.6 M

Adjusted EBITDA
 2.1 M
500 K
682 K



Location
Financials
Management Team in Place
Years in Business
SIC Classification
West
Compiled
Yes
8
5812






Direct All Inquiries to:

Gottesman Company
Refer to:  S-924-11 NTB
Tel: 212-330-8010     Fax: 646-434-4557
                                      E-mail: office@gottesman-company.com