Urban Caterer & Delicatessen

catering business for sale in Vancuver, British Columbia

Business Details

Company Profile

Listing ID: VANCOBC002-N501

Location: Metro Vancouver, BC

Type of Entity: Corporation

NAICS: 722320 / 722512

Industries: Caterers / Limited Service Restaurants

Business Highlights

  • High traffic urban location
  • Stable history of profitability
  • Great all season business
  • Diverse opportunities for growth
  • Trained staff

This catering company and urban-located delicatessen serves a diverse client base including corporate and private functions and events – whether hosted at client premises or other locations. This is an all season business – serving a customer base that is accessing and embracing a healthy lifestyle represented by the quality of food they eat and drink.

The premises exudes an upbeat ambiance that attracts loyal customers and is in a high visibility and high-traffic location.

The premises include a fully-stocked and well-organized commercial kitchen, a retail delicatessen, management office, plus ample storage. All assets of the business are included in the price. The business has staff and management in place, including a sous chef, which will allow for effective transition of business to a new owner.

The ideal buyer will have knowledge / experience in catering, restaurants, or hospitality. In addition, there are significant growth opportunities present including extended hours of operation, expanded use of the commercial kitchen for commissary or other purposes, etc.

Type of Sale: Asset Sale

Operational Balance Sheet Includes: Furniture, Fixtures & Equipment / Goodwill / Leaseholds / Inventory

BUSINESS ASKING PRICE

$499,000

Normalized Financial Summary

YEARREVENUESSDEEBITDA
Proj. 2019 $1,561,000 $257,000 $206,000
2018 $1,532,000 $250,000 $172,000
2017 $1,488,000 $247,000 $165,000
* SDE - Seller’s Discretionary Earnings
** EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
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Metro Vancouver, BC