Southern Maine Food Services, Events and Catering
Recently Sold
Financials
Asking Price of business :$395,000Included In Asking Price :Furniture, Fixtures & Equipment: $40,000. Inventory: $4,000
Inventory :$40,000
Annual Sales :$1,350,000 Cash Flow :$175,000
Summary Description
With decades of experience, this Southern Maine-based, full-service food services, event planning and catering team excels at executing weddings, corporate gatherings, milestone celebrations, and social events across Southern Maine and Northern New England. Drawing on a skilled staff of chefs, bartenders, servers, and planners, they collaborate with top-tier vendors to seamlessly manage logistics for a wide range of venues and client needs.
General Information
Year Established :2009Employees :8 FT / 20 PT
Facilities :The business occupies a 3,000 square foot facility that includes offices, client meeting area, prep kitchen, storage and refrigeration.
Business Location :Southern Maine
Market Outlook
Competition & Market :
Southern Maine’s event catering market has become increasingly vibrant as the region’s restaurant and hospitality scene grows. The area is nationally recognized for its quality food offerings, and this culinary reputation supports a thriving event and catering ecosystem that draws both local clientele and destination-event bookings. Key competitors include well established full service caterers and smaller, specialized operations. Threats to incumbents include heightened competition for venue partnerships and margin pressure as clients seek cost-effective but high-experience events.
Growth & Expansion :
The regional food services market, including catering in Maine, is expected to grow to around $47 million by 2025, with nationwide catering projected to expand at approximately 7–8% annually through 2030. Southern Maine, with its booming hospitality scene, presents ripe opportunities for expanding into more corporate catering, farm-to-table events, and themed culinary pop-ups. Driving forces include increased demand for corporate and office catering, health-conscious menus, sustainable sourcing, and culinary diversity.
About the Sale
Financing :Anticipated Bank 200,000. Down Payment 100,000. Working Capital Needed 70,000
Support/Training : Owner will train as needed.Reason for Sale : Retirement
Contact Information
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)
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