To sell a catering and event business, start with the operating details. New Orleans Business Brokers Base connects owners with an independent valuation partner.
Reconcile deposits with future obligations
A bank balance containing event deposits is not the same as cash available to take home. Build a schedule showing each deposit, event date, refund terms and the work still owed.
Agree how advance payments and the costs of future events enter working capital. Otherwise the same cash can become part of two competing closing calculations.
Put the calendar beside the earnings
Show monthly results across several years. An event business can have a profitable year and still need cash during quiet months. Buyers will ask how that gap is funded.
Separate company owned equipment from rented inventory. Document storage, kitchen access, vehicles and any agreement that depends on your personal relationship.
Make the handoff specific
Identify who prices events, schedules staff and handles client changes. If you do all three, replacing your role may reduce the earnings available to a buyer.
Write a transition scope covering booked events and supplier introductions. Set an end date and payment terms for any work beyond the agreed training period.
Use the estimate form to start a private conversation, or call (504) 555-0176.