Business Description:
This business is a full-service caterer and
food service provider to individual business clients and many high-end museums
and cultural facilities. It also
provides off-site catering services.
Distribution:
The
company serves residential, commercial and cultural centers within a one-hour drive
of its base of operation.
The company owns a large event facility and
banquet space for the events it serves. Approximately
70% of revenue is derived from other facilities that are exclusive long-term
service contracts.
The Transaction:
The owner wants to retire and has been handing
over most of his duties to his management team.
He has a retention plan to ensure management to stay in place if
purchaser desires.
Financial Summary (000s)
|
|||
2020 Est by
Seller
|
2019
|
2018
|
|
Revenue
|
10.25M
|
9.9M
|
8.9M
|
Adjusted
EBITDA
|
1.61M
|
1.55M
|
1.149M
|
Other Highlights
|
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Location
|
Financials
|
Management
Team in Place
|
Years
in Business
|
SIC
Classification
|
Midwest
|
Compiled
|
yes
|
20+
|
5812
|
Direct
All Inquiries to:
Gottesman
Company
Refer
to: S-3016-1 JWR
Tel: 718-618-5346 UK Office: +44 (0) 7906786505
E-mail: dmj@gottesman-company.com