How To Sell A Business

Sell A Business In Florida Today

A catering business for sale can be exclusively a delivery service with no storefront or a restaurant that also offers catering services on the side, in addition to in-store and take-out dining.

How to Choose the Right Catering Business for Sale

When selecting a catering business for sale, the prospective owner needs to consider several things:

  • Location. Is there a lot of traffic? Are the stores nearby complementary or competitive? In the case of a delivery-only model, is there a base of likely customers, such as companies or reception facilities?
  • Costs. Advertising, rent, supplies and employees are necessary expenses. Will the company's revenues cover all the expenses if changes are made to the model? How many employees can the business sustain?
  • Why is the seller getting rid of the company? If the reason is poor sales, will new management really turn the company around?

There are also franchise opportunities available in this industry. Companies like Schlotzsky's Deli, Papa Gino's Pizza and Justix are restaurants with a heavy emphasis on catering in addition to their storefront operations. Companies like Corporate Caterers focus exclusively on food delivery. The right type of store depends on the owner's preferences. A full-time restaurant will require more time and energy, more employees and a physical location. A delivery service will require transportation and different hours, sometimes very early or late.

RPI Commercial is a full-service brokerage firm that can help prospective owners find a business for sale, whether franchises or individual companies. Those seeking to sell a company can also find support and services at RPI. For more information, questions can be answered by phone at 1-877-549-5210 or by email at info@rpicommercial.com.