Exclusive Caterer & Event Planner for Portland

** Exclusive Caterer & Event Planner for Portland** • *** Location... Portland, Oregon Intangible Assets Leading caterer in the market, leadership team with decades of experience, deep connections in the community This leading and exclusive catering business in Oregon has successfully diversified their services in recent months to include home delivery of safely prepared and packaged meals and organization of virtual events for their clients Their experienced and diverse management team includes a top-notch Executive Chef, a Vice President of Operations, an Operations Manager, IT/Facilities Manager, Sales Manager, Warehouse Manager, Marketing Manager, Sales Manager, and sales & accounting staff The owners currently handle business management, creative direction, and sales The company is based out of a leased 40,000 sq ft building which includes a production center, warehouses, offices, and an integrated and newly renovated 5,000 sq ft event space The companys $2.2M worth of assets includes a fully equipped 5,000 sq ft kitchen with 4 walk-in fridges, banks of ovens, deep fryers, grills, tables, and production equipment They also have an extensive warehouse filled with dcor, props, and rental furniture, and an inventory of place settings, china, flatware, and glassware for 5,000 people. With exclusive contracts for certain event spaces in the area, along with being on the preferred caterers list at a number of other venues, solid relationships are in place with several organizations throughout Oregon & Washington; adding more partnerships would lead to tremendous growth • *Location:** Portland, Oregon* **Year Established:** 2001 • **Service Area:** Primarily tri-county area in Oregon • **Services:** Full-service catering, planning, design, & floral for corporate, nonprofit, & social events • **Clients:** Corporations and nonprofit organizations • **Lease:** Building 1: 40,000 sq ft building: production center, warehouses, offices + 5,000 sq ft event space; Building 2: 6,100 sq ft event space; Building 3: 5,000 sq ft event space • **Reason for Selling:** Retirement planning, ownership group looking to divest • **Personnel:** 2 owners + 16 core staff, including a Warehouse Manager, Executive Chef, VP of Operations, Operations Manager, Sales Manager & sales staff, Marketing Manager, IT/Facilities Manager, Floral Director, & accounting staff • **Seller Training Period:** 6-12 months • **Growth Opportunities:** Increase online meal delivery services • **Current Owners' Responsibilities:** Owner 1: Business management, finance; Owner 2: Creative Director, sales Intangible Assets: Leading caterer in the market , leadership team with decades of experience, deep connections in the community Description of Financial StatementTax Return AccrualTax Return AccrualTax Return AccrualTax Return AccrualNotesCompensation to Owner$492,583$369,379$330,374$542,771 Document Title / Description Cash Flow is the owner profit, which is the sum of business net income plus any owner perks and any non-onward going expenses Identifies important business information in an organized quick-reference format When ordering or registering on our site, as appropriate, you may be asked to enter your name, email address, mailing address, phone number or other details to help you with your experience. We collect information from you when you register on our site, subscribe to a newsletter, respond to a survey, fill out a form, Use Live Chat enter information on our site or provide us with feedback on our products or services. We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways: To personalize your experience and to allow us to deliver the type of content and product offerings in which you are most interested. • *Third-party disclosure** We do not sell, trade, or otherwise transfer to outside parties your Personally Identifiable Information unless we provide users with advance notice This does not include website hosting partners and other parties who assist us in operating our website, conducting our business, or serving our users, so long as those parties agree to keep this information confidential We may also release information when it's release is appropriate to comply with the law, enforce our site policies, or protect ours or others' rights, property or safety.