When thinking of buying a restaurant for sale, The Restaurant Brokers advise that you consider looking into a Catering Restaurant for sale. It doesn't necessarily have to be a restaurant that only does catering such as a 100% catering concept, although that is one example. Many restaurants of all kinds have added catering to their services to maximize cash flow and profits.
Catering is the business of providing food service at a remote site. This can include convention centers, office buildings, hotels, parks, film sets, sporting events, construction sites, music venues, hospitals, and even cruise ships or military bases. The list is practically endless. Anywhere there are hungry people gathered in one location, a Catering Restaurant for sale can service those people and take advantage of this business model.
Catering has been around since the late 1700s and isn't going anywhere anytime soon. A Catering Restaurant for sale will help make your restaurant more recession-proof because it diversifies your product offerings and capabilities. With catering infrastructure in place, you don't have to wait for customers to walk into the front door of your restaurant... you can literally cater to their needs!
Many successful restaurants incorporate catering into their business model. Look at powerhouse sandwich franchises like Jimmy Johns, Firehouse Subs, Subway, and Jersey Mikes. Catering makes up a huge portion of their income. Many delis, Italian/pizza restaurants, BBQ restaurants, and specialty restaurants like Latin American, Greek, Asian, and Indian all cater as well. There is really no cuisine that doesn't suit itself to the catering business model.
Another benefit of buying a Catering Restaurant for sale is that when you cater an event, you are usually selling a large amount of food and networking at the same time. If you buy a Catering Restaurant for sale and cater a wedding, for instance, you can pass out business cards and if your food is delicious then your catering business will not only generate sales for your restaurant since some of those folks will likely live next to your restaurant location, but it will also generate more catering sales. This will help your restaurant grow exponentially and keep you in business for years to come.
Make sure to take a look at Catering Restaurants for sale offered by The Restaurant Brokers at We Sell Restaurants today!
Even before the pandemic made remote working from home a trend, it was growing in popularity. Couple that with the growth of home-based businesses and you’ve got a recipe for success.
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