Catering Company Equity Stake For Sale in Nabatieh, Lebanon

- School catering business based in Lebanon operating 9 school cafeterias.
- We make meatloaves, croissants, mayonnaise salads, and bottled fruit juices. Also, provide biscuits and chocolates, which we procure from 15 local suppliers.
- Have a rented warehouse and central production facility to make the food and we have our own vehicles to transport the food to the schools.
- Operate 9 school cafeterias in and around Nabatieh and we serve 14,600 students on a daily basis (for 170 days every year).
- Our capacity utilization is around 70%.
- Have 83 permanent staff: 20 fulltime employees and 63 part-time employees.
- We are looking to expand to more schools in Lebanon, and are focusing on tie-ups with schools in Beirut as these students have more spending power.
- Our run-rate sales have doubled since we are working with double the number of schools compared to the previous year.
- We are seeking funds of LBP 2.9 billion for a 49% stake, and our valuation is based on the projections of future earning prospects once we expand to Beirut.
- Business owned assets include 7 cars, oven, refrigerator, kitchen equipment, and machinery.