MergerPlace

Niche Food Kiosk and Catering Company

Grand Rapids, Michigan


  • Asking Price: $99,999
  • Gross Income: $224,000
  • Cash Flow: $53,200
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #209843
  • Established: 2014
  • Employees: 5

Business Description

The highly-rated Company provides freshly made specialty food out of a well-located kiosk in RiverTown Crossings mall. The highly profitable Business has experienced rapid growth since its inception 4 years ago. The Company has very high customer satisfaction, which is shown by its extremely high ratings on Facebook and Google. The operation is efficiently run and requires only 3 to 5 employees. Currently, ownership spends 20 to 25 hours per week managing the Company. While the concept has been established, there are many opportunities available to significantly grow the Business.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found please email info@smallbusinessdeal.com and request a PDF version.
Once we receive your NDA and answers to some basic questions the Confidential Offering Memorandum (OM) will be sent to you from the project manager.
IF YOU DO NOT RECEIVE A FOLLOW UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email info@smallbusinessdeal.com for support. Thank you in advance!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
Metropolitan Area: Grand Rapids

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $99,999
Gross Revenue: $224,000
Cash Flow: $53,200
EBITDA: $28,200
FF&E: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

The Business operates out of a prime kiosk location inside RiverTown Crossings, a major West Michigan mall.

Growth & expansion opportunities:

Growth Opportunities include: 1) Grow Catering Business: The Company’s catering services are a very small part of the operations. There is significant opportunity to expand this side of the business. 2) Open More Locations: Since the concept has been established, new ownership could easily expand by opening more locations are franchising. 3) More Active Owner: Current ownership spends up to 25 hours per week managing the Company. A more active and growth-centric owner could easily find additional opportunities to grow the Business.

Competition:

Investment Opportunities include: 1) Prime Location: Located inside RiverTown Crossings mall gives the Company access to a huge customer base. 2) Impressive Sales Growth: The Company has grown almost 20% since its first year in operation. 3) Efficient, Straightforward Business Model: The food offering is simple, but in high demand and the operations do not require many employees. 4) High Customer Satisfaction: The Company has raving fans shown by the fantastic reviews and ratings online. These posts help promote the brand and entice new visitors. High customer satisfaction also correlates closely with repeat business.

Reason for selling:

The owner has other business interests.

Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Max Friar

Calder Capital, LLC