Looking for a buyer.
General manager and kitchen management team in place, mostly absentee business.
Well-established business with significant goodwill in the community.
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Rare SMB sized deal with operating team in place.
listing type
exclusive representation
exclusive representation
industry
Food
Food
location
Texas
Texas
revenue
$1,415,795
$1,415,795
ebitda
$207,000
$207,000
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2023 Earnings: an unprofitable contract client was sunset, and replaced; 2024 bookings are very strong.
Add-backs - the addbacks are interest and owner's compensation; as they are not active in the day-to-day of the business, these are added back.
The business does B2C and B2B work, and B2C always has its unique challenges. This group only handles larger weddings, and typically through partnerships with larger venues and planners.