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Catering companies sell on booked events, repeat corporate accounts, and a kitchen that can execute without the founder plating every tray. Buyers want a pipeline with deposits, not a calendar of last year’s highlights. A year that was three large weddings and a scramble is not the same business as weekly corporate lunches plus a documented Saturday crew.
On-premise vs drop-off vs full-service tent work are different labor models. If you also run a café or rental inventory, we draw a line around what is in the sale. Mixed hospitality businesses get mispriced when everything is dumped into one revenue number.
Commissary leases, health permits, and box trucks are straightforward. Preferred-vendor lists at venues are not. Some properties will keep you; some rebid the list every year; some are really a personal relationship with a coordinator. Buyers will call that out. So will we, before you go to market.
Menu costing and staffing ratios need to be written down. If only you know how many servers a 180-person plated dinner actually needs, the buyer is buying you, not a company.
Unearned event deposits are a liability. The purchase agreement has to say who honors which events and who keeps which deposits. We would rather schedule that in the letter of intent than argue about a Saturday wedding two weeks after close. A seller who will attend the first few large events is common. A seller who must stay a year to keep the venues is a different deal.
Request a confidential consult or call (352) 515-0226. We will tell you whether a sale is realistic before you go to market.