Profitable Catering Business for Sale

Description
$55000

Struggling to find a job in the job market? Tired of dropping your resume everywhere for it to be thrown out? Would you like to manage a business that has lots of growth potential?

Then this may be the opportunity for you. I present to you, MommaMeals, a school catering business. MommaMeals delivers hot lunches to elementary school children, mainly using homemade ingredients.

Why pursue this business?

Minimal competition

1. Low competition in schools, each school will assign you a weekday and, on that weekday, you are the only vendor students can order from.

2. School lunches are tax exempt. Meaning that you are not required to collect HST from your customers, this increases your margins and gives you a competitive edge over fast food chains.

3. Schools present a high barrier to entry, making it tough for competitors to enter.

Fixed orders

1. You will know your orders ahead of time, allowing you to plan accordingly, purchase the exact amount of ingredients you need, minimizing waste, and you will not be distracted by any customers while you are cooking.

Marketing

1. Knowledge of social media marketing is not required as distribution is key.

2. Creative opportunities consist of packaging, social media, and website design.

Distribution

1. We have five schools we deliver to; we are hopeful on getting a sixth, and to retain all five locations as we received positive feedback.

2. We will sign with Lunchbox by SchoolCash Online to start the 2024-25 year, minimizing the administrative work needed with the school secretaries, and giving you more exposure to other schools via their search platform.

Finances

1. Gross sales have been $49,000 with a 67% profit margin (excluding labour and rent), this gives you plenty of room to pay labour and rent a kitchen if necessary, as well as substantial funds to recuperate your investment within 2 years.

Growth opportunities

1. We are only in five schools and have done $49,000 in sales, the biggest opportunity lies in acquiring more schools.

2. Major opportunity to pursue summer camps for year-round revenue.

3. Opportunity to cater for kids' parties, school, and community center events.

Preparation time

1. You will have until the middle of September to fully prepare for the operation of the new year.

If you are interested, you can visit our website at mommameals.ca. You can also contact us at support@mommameals.ca or respond to this ad via direct message.
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:Shayan
Address:Richmond Hill, ON L4E
City:Markham / York Region
Asking Price:$55000

Other Information

For Sale By:Owner

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Shayan

On OKz since June, 2024

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Posted on: 28/06/2024 @ 01:40 pm

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