Catering Business for Sale in Chennai, India
15 year old catering company from Chennai serving tier 1 corporate clients is for sale.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.63 million |
| Run Rate Sales | USD 1.32 million |
| EBITDA Margin | 15 % |
| Industries | Catering |
| Locations | Chennai |
| Local Time | 9:49 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Recently Active |
Full Sale
Asking Price:
USD
1.74 million
(Native Currency: INR 150,000,000)
Reason: The owner is looking to sell the business due to the promoter’s age and upcoming retirement plans.
Includes physical assets worth
USD
116 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Established for 15 years, this corporate catering business in Chennai is a pioneer in the food and beverage industry.
- Offers diverse catering services, specializing in corporate catering, outdoor functions, and event catering, catering to various client needs.
- Serves a robust portfolio of 6 major clients, with an extensive track record of catering to top-tier IT companies in the Chennai area.
- Recognized as the Business Continuity Planning (BCP) vendor for major corporations like Amazon and Wells Fargo, enhancing credibility and trust.
- Hosts over 10 corporate events monthly, adapting services to include weddings and birthdays for private clients, expanding market reach.
- Highly experienced team of chefs with 20-25 years in the industry, ensuring high-quality food solutions within both vegetarian and non-vegetarian menus.
- Our monthly sales have declined this year due to the expiration of catering contracts with two clients, who chose not to renew under the revised pricing terms. However, we are now in the process of onboarding two new clients this year, which is expected to improve our sales performance.
- Offers diverse catering services, specializing in corporate catering, outdoor functions, and event catering, catering to various client needs.
- Serves a robust portfolio of 6 major clients, with an extensive track record of catering to top-tier IT companies in the Chennai area.
- Recognized as the Business Continuity Planning (BCP) vendor for major corporations like Amazon and Wells Fargo, enhancing credibility and trust.
- Hosts over 10 corporate events monthly, adapting services to include weddings and birthdays for private clients, expanding market reach.
- Highly experienced team of chefs with 20-25 years in the industry, ensuring high-quality food solutions within both vegetarian and non-vegetarian menus.
- Our monthly sales have declined this year due to the expiration of catering contracts with two clients, who chose not to renew under the revised pricing terms. However, we are now in the process of onboarding two new clients this year, which is expected to improve our sales performance.
Products & Services Overview
Our flagship service is corporate catering, primarily serving Tier 1 corporate clients.
Assets Overview
Tangible assets: High-end kitchen equipment and inventory.Intangible assets: ISO certification, FSSAI license, and GST registration.
Facilities Overview
We operate a 6,500 sq. ft. semi-automated, ISO-certified kitchen located in the heart of the IT corridor. The facility, built from the ground up by us, is on rented premises with a monthly rent of ₹2 lakhs.
Capitalization Overview
The company is entirely funded by the promoter, is debt-free, and solely owned.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
8 Buyers viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 125,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses