Catering Service Business

Catering Service Business Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Everyone loves a great meal, but not everyone has the time or skill to cook it. That’s where a catering service business comes in. This business involves preparing and delivering food for events ranging from weddings and corporate meetings to intimate family gatherings.

The beauty of starting a catering service is its flexibility—you can scale it to fit your ambitions. If you have a knack for culinary creativity and a penchant for organization, this could be an appealing avenue for you. You’ll get to design menus, prepare diverse dishes, and manage logistics to ensure timely delivery.

Beyond just cooking, you'll need to focus on marketing your services, performing cost analysis, and building relationships with clients. A successful catering business not only satisfies appetites but also creates memorable experiences, making it a rewarding venture for those willing to put in the effort.

In this list, you'll find real-world catering service business success stories and very profitable examples of starting a catering service business that makes money.

1. New York Food Truck Association ($2.4M/year)

Ben Goldberg, founder of the New York Food Truck Association, came up with the idea after realizing that the food truck events market in NYC was untapped. He pivoted his own food truck business to focus on events catering and corporate marketing, leveraging his industry expertise. Within the first year, the business did over $1 million in revenue with consistent 50%+ year-over-year growth.

How much money it makes: $2.4M/year
How much did it cost to start: $25K
How many people on the team: 5

How Starting The New York Food Truck Association Resulted In A $200K/Month Business

How a former food truck owner founded the successful New York Food Truck Association which generated over $1M in its first year of business, providing local vendors with high-margin ancillary revenue streams, and saw consistent growth of 50% YoY.

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