Catering Business Seeking Loan in Cockburn Town, Turks and Caicos Islands
Non-operations private chef and catering business, seeks funding to restart operations and expand.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 270 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Catering |
| Locations | Cockburn Town |
| Local Time | 8:13 AM America / Grand Turk |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
70 thousand
for
10.0%
annual interest,
2
years
(Native Currency: USD 70,000)
Reason: Seeking funding to restart the business operations and expand to more locations.
The loan can be re...
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Collateral Available: USD 0
Includes physical assets worth
USD
7.5 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Non-operational business that used to offer premium private chef and catering services in the Turks and Caicos Islands.
- Prior to COVID-related shutdowns about 4 years ago, the business demonstrated robust financial performance, generating monthly revenues between $20,000 and $25,000.
- Flexible service model included both home-cooked meal deliveries and on-site cooking, catering to diverse client needs from private villas to affluent households.
- Served a steady clientele of 10-15 clients, specializing primarily in intimate family gatherings alongside high-profile corporate events on a smaller scale, ensuring customized and memorable culinary experiences.
- Achieved a consistent demand with 1-2 large catering orders per week, highlighting the trusted reputation among local and international customers.
- Business advantage includes a seamless blend of hospitality and gastronomy tailored for family and social dining experiences.
- Re-establishment potential offers investment opportunity in a niche market with the comeback of tourism and local demand surge post-pandemic.
- Current requirements to restart operations include the acquisition of a food handler's certificate to meet safety and regulatory standards.
- Prior to COVID-related shutdowns about 4 years ago, the business demonstrated robust financial performance, generating monthly revenues between $20,000 and $25,000.
- Flexible service model included both home-cooked meal deliveries and on-site cooking, catering to diverse client needs from private villas to affluent households.
- Served a steady clientele of 10-15 clients, specializing primarily in intimate family gatherings alongside high-profile corporate events on a smaller scale, ensuring customized and memorable culinary experiences.
- Achieved a consistent demand with 1-2 large catering orders per week, highlighting the trusted reputation among local and international customers.
- Business advantage includes a seamless blend of hospitality and gastronomy tailored for family and social dining experiences.
- Re-establishment potential offers investment opportunity in a niche market with the comeback of tourism and local demand surge post-pandemic.
- Current requirements to restart operations include the acquisition of a food handler's certificate to meet safety and regulatory standards.
Products & Services Overview
Premium private chef and catering services in the Turks and Caicos Islands, specializing in Caribbean cuisine fused with American, Asian, Mediterranean, and Mexican flavors, offering both veg and non-veg dishes. Clients, ranging from affluent households to private villa guests, select from three customizable menu tiers: basic, medium, and exotic. Mediterranean, Caribbean and Asian menus are the most popular and top selling dishes are seafood variants, chicken teriyaki, and desserts such as cheesecake, vanilla cupcakes, and lava cakes. The service model includes large-scale weekly catering orders and personalized in-home dining, making it a go-to choice for intimate family gatherings and exclusive social or corporate events.
Assets Overview
Physical assets include the kitchen equipment currently owned.
Facilities Overview
The business has no dedicated facility, as it operates on a mobile model from the owner's residence or at client locations.
Capitalization Overview
Self-funded.No outstanding loans or debts.
Sole proprietor, holding 100% ownership.
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