** Exclusive Caterer & Event Planner for Portland**

****

Location

Portland, Oregon Intangible Assets

Leading caterer in the market, leadership team with decades of experience, deep connections in the community This leading and exclusive catering business in Oregon has successfully diversified their services in recent months to include home delivery of safely prepared and packaged meals and organization of virtual events for their clients. Their experienced and diverse management team includes a top-notch Executive Chef, a Vice President of Operations, an Operations Manager, IT/Facilities Manager, Sales Manager, Warehouse Manager, Marketing Manager, Sales Manager, and sales & accounting staff. The owners currently handle business management, creative direction, and sales. The company is based out of a leased 40,000 sq. ft. building which includes a production center, warehouses, offices, and an integrated and newly renovated 5,000 sq. ft. event space. The companys $2.2M worth of assets includes a fully equipped 5,000 sq. ft. kitchen with 4 walk-in fridges, banks of ovens, deep fryers, grills, tables, and production equipment. They also have an extensive warehouse filled with dcor, props, and rental furniture, and an inventory of place settings, china, flatware, and glassware for 5,000 people.

Along with meal delivery services and virtual event planning, the team provides a vast array of event services for corporations and nonprofit organizations, including full-service catering, venue selection, event planning & design, floral & dcor, staff organization, coordinating with vendors, and complete event management from beginning to end.

With exclusive contracts for certain event spaces in the area, along with being on the preferred caterers list at a number of other venues, solid relationships are in place with several organizations throughout Oregon & Washington; adding more partnerships would lead to tremendous growth. **Location:** Portland, Oregon* **Year Established:** 2001

* **Service Area:** Primarily tri-county area in Oregon

* **Services:** Full-service catering, planning, design, & floral for corporate, nonprofit, & social events

* **Clients:** Corporations and nonprofit organizations

* **Lease:** Building 1: 40,000 sq. ft. building: production center, warehouses, offices 5,000 sq. ft. event space; Building 2: 6,100 sq. ft. event space; Building 3: 5,000 sq. ft. event space

* **Reason for Selling:** Retirement planning, ownership group looking to divest

* **Personnel:** 2 owners 16 core staff, including a Warehouse Manager, Executive Chef, VP of Operations, Operations Manager, Sales Manager & sales staff, Marketing Manager, IT/Facilities Manager, Floral Director, & accounting staff

* **Seller Training Period:** 6-12 months

* **Growth Opportunities:** Increase online meal delivery services

* **Current Owners' Responsibilities:** Owner 1: Business management, finance; Owner 2: Creative Director, sales

Intangible Assets: Leading caterer in the market , leadership team with decades of experience, deep connections in the community Description of Financial StatementTax Return

AccrualTax Return

AccrualTax Return

AccrualTax Return

AccrualNotesCompensation to Owner$492,583$369,379$330,374$542,771 Document Title / Description

Cash Flow is the owner profit, which is the sum of business net income plus any owner perks and any non-onward going expenses

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