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Caterers and Catering Services

SIC 5812 | NAICS 722300


The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.



For guides to other industries, see our index of over 400 industries.





Industry Analysis, Trends, Statistics, and Forecasts


Caterers - Event, Meeting & Party Catering Services  (view report)
Airline Caterers - Food Preparation & Catering for Airline Flights  (view report)

Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Market size and characteristics
  • Key statistics and ratios
  • Current performance
  • Competitive landscape
  • Major firms and market share
  • Key risk and success factors
  • Five-year growth forecast


UBM PLC
Catersource Magazine
http://www.catersource.com/

Bimonthly trade publication features news and information for catering and event professionals, with topics covered in each issue including business management, sales and marketing, emerging trends and styles, new products and technology, and upcoming events, and special features including the "State of the Industry" report (January issue) that provides a snapshot of trends shaping the industry.



Catering Services
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


International Media Group, Inc.
Catering Magazine
http://cateringmagazine.com/

Bimonthly trade publication features news and information for catering, food service, and event professionals, with topics covered in various issues including industry news and trends, latest trends in food, beverage, service, and presentation, product and equipment reviews, business operating tips, interviews with leading experts, and coverage of trade shows and conferences.


Atlantic Publishing Group Inc.
The Professional Caterer's Handbook
https://www.amazon.com/

Comprehensive publication provides detailed guidance on starting and successfully operating a catering business, with topics covered including getting started, equipment, staffing and personnel, traditional marketing, public relations, managing events, setting up events, food presentation and production, beverage functions, pricing and menus, cost controls, recordkeeping, and technology.


IRS Audit Technique Guides
Retail Industry - Chapter 4: Mobile Food Vendors
http://www.niada.com / www.irs.gov

IRS audit guide provides a summary overview of the industry and its business practices from an income and expense verification standpoint, with operations covered in the guide including mobile food preparation vehicles which prepare and serve hot foods such as sandwiches, burritos, and tacos and industrial catering vehicles that sell pre-packaged food products on a self-serve basis.


GIA Research
In-Flight Catering Services
https://www.strategyr.com/

Comprehensive report analyzes the in-flight meal services market on a global basis, with topics covered in the report including passenger air traffic growth, in-flight meal service enhancements, health-related and culturally diverse food preferences, extension of of premium quality foods to non-first class passengers, buy-on-board programs, and low-cost airlines shift toward paid food.


Mordor Intelligence
North America In-Flight Catering Services Market
https://www.mordorintelligence.com/

Market research report provided a detailed analysis of the in-flight catered meal services market by aircraft class (e.g., economy, business, and first class), flight type (e.g., full service, low cost) and food type (e.g., meals, bakery and confectionary, and beverages), with vendors profiled including Gate Gourmet Switzerland, Chelsea Food Services, LSG Sky Chefs, and Flying Food Group, LLC.


More Resources ››



Financial Statements and Financial Ratios



Industry Financial Ratios
Caterers / Mobile Food Services
https://www.bizminer.com  Search for "722320" and "722330"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


First Research
Catering Services
http://www.firstresearch.com

Financial information section of this report provides income statements, balance sheets, and financial ratios by company size for companies that provide single-event food services at customer-owned or company-owned facilities, with examples of events served including wedding receptions, holiday and graduation parties, business meals and meetings, and trade shows. Sample report is available online.


More Resources ››



Compensation and Salary Surveys


NACE
Industry Compensation and Benefits Survey
http://www.nace.net/

Biennial survey provides compensation and benefits information for catering and events professionals, with compensation data broken out by years of experience, certification level, number of hours worked, size of the company, and number of events worked per year, and also includes demographic data on survey participants as well as information on their prior work experience and level of job satisfaction.


PayScale
Catering Service
https://www.payscale.com/

Free online service provides median salary and hourly wage data for selected job positions such as sales manager, catering manager, event coordinator, banquet captain, executive chef, pastry chef, and sous chef, with employers for which salary or hourly wage data is provided including Aramark, Bon Appétit Management, Centerplate, Compass Group, Global Gourmet, and Wolfgang Puck.


More Resources ››



Business Valuation Resources


Small Business Valuation Multiples

Caterers
http://valuationresources.com/

Comprehensive reference guide provides market-based valuation multiples for small businesses that provide single-event food services at on-site or off-site premises, with services provided including food preparation and transportation and serving of food and beverages by waitstaff personnel.








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