Cloud Kitchen, Catering, Personal Delivery Service of Italian Food!
Financial Information
- Asking Price: $160,000
- Gross Revenue: $257,000
- Cash Flow: $93,000
- Down Payment: 0
- FF&E (Included): N/A
- Inventory: N/A
- Financing: No
Business Location
- Collin
- Confidential
- Texas
This independent business founded in 2016 is a cloud kitchen food delivery business concept with an outstanding following on Facebook. The Facebook following can reach 11,000 members between the Business page and open group on Facebook. The founders of this business have built a very profitable company with an adoring client base with about 85% recurring customers each year who enjoy their approach to authentic Italian cuisine. The owner/operators are a husband/wife team who work in the business about 30 hours each week with a focus on the quality of their products. Sunbelt Dallas Metro and Bill Nicholson offer this excellent opportunity to own an established meal delivery, meal subscription, and ghost kitchen concept that is growing at a rapid rate each year. In fact, this business averages about 10-15%% growth per year. This company has built a great reputation in the Far North Dallas marketplace and is known for its outstanding Italian food and personal delivery service. The business operates out of a cloud kitchen which allows it to pay by the hour for use of a 6,000 SF kitchen and use as required depending on customer pre-orders. The company uses only 25% of the kitchen facility currently. There is tremendous room to scale this business. You don't want to miss out on this opportunity! Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking about selling your business, or would like to acquire another business, please email us at [email protected] or call us at 972-528-8710.
Competition Description
Unlimited growth potential due to the continued growth of the DFW Metroplex and surrounding areas with the influx of more people and companies relocating to the area.
Growth / Expansion overview
As economic conditions strengthen, demand for catering services has increased, driven by the expansion of limited-service restaurants into the space, business event-driven spending, higher wedding spending, and consumer optimism. Limited-service restaurants are leveraging moderate pricing and portable menu items to lead industry sales growth. An increase in sales meetings, business travel, and convention attendance is expected to drive business spending. As consumer confidence improves, spending on entertaining and special events also tends to increase. Self-standing caterers dominate the industry, although restaurants are rapidly making inroads into the market.
Support / Training Comments
Owner will provide training free of charge for 4 weeks for 30 hours per week and afterwards will provide consulting services for a nominal hourly fee.
Reason For Sale
Owners are relocating to another state.- Home Based: Yes
- Franchise: No
- Willing to Train: Yes
- Relocatable: Yes
- Required Licences:
- Is Property Leased: No
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: N/A
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A