Growing Multi Faceted Food Business In Colorado For Sale

Business description

Multi-faceted food-service business that has continued to grow through the recession. The business includes a restaurant (breakfast/lunch on weekends), catering operations (servicing a steady stream of corporate customers, weddings, corporate and private parties), and merchandising of products under our own label. Client-winning website and popular blog. The business has excellent relationships with top event centers and can be found on many “Preferred Caterer” lists.

The business has been in operation since 2005, beginning with a restaurant focus but diversifying over the years to include off-premises catering, specialty cakes, and merchandising.

The business is located within 30 minutes of approximately 300,000 people. The population is highly-educated, young, and relatively affluent. The region is home to major industries and a great deal of commercial activity, and has been included on Money magazine's Best Place To Live top-ten list several times in the last five years.

Awards: Received “Best Caterer” and placed 2nd in “Best Breakfast” categories in 2011 “Best of...” survey

Property information

Location:

Locally, business is located on City’s Main Street, 1/4 mile from two supermarket-based shopping centers. Regionally, business is in ideal location, centered in triangle formed by three cities - driving time to any of the three is less than 30 minutes. Online presence under a couple of domain names; search-engine placement is enhanced by Google Adwords.

Premises details:

Business is located in end-unit of a four-unit commercial building. Premises includes drive-through facilities for pick-up or specialty-coffee orders. Large adjacent open area (already developed, so won’t be filled in) provides for excellent approach visibility.

Business Operation

Expansion potential:

Growth opportunities:
- Expand restaurant hours to include dinner, weekdays
- Liquor-license and related sales
- Expansion of self-labeled-product markets
- Nearby metropolitan area lacks high-quality caterer/specialty cakes providers; presents expansion or franchising opportunity.
- Ad sales on website
Cons
- None. Region population and business base continues to grow and prosper, despite economy.

Competition / Market:

Pros - Some local caterers tend to have lower prices than us but inferior product. With customers who place high value on quality, we have little competition. - Region is home to major industry and commerce and is characterized by dynamic business environment and opportunity - Business is in ideal location, centered in triangle formed by three cities - driving time to any of the three is less than 30 minutes. Cons - Willingness of some local caterers to lowball pricing

Reasons for selling:

Family health issues

Trading hours:

Catering: 6:00am - midnight
Restaurant: 7:00am - 1:00pm Sat, Sun

Employees:

3 FTE

Years established:

6

Other information

Support & training:

Negotiable, up to a month