Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide single-event food services at customer-owned and company-owned facilities. Catering companies typically operate as local businesses; major US-based companies include Abigail Kirsch (New York), Behind the Scenes (San Diego), Blue Plate (Chicago), and Legendary Events (Atlanta).
Demand is driven by corporate profits and consumer income. The profitability of individual companies depends on cost controls and effective marketing. Large companies have advantages in offering expanded services such as facilities management, room rental, and entertainment. Small companies can compete effectively by serving small groups and offering personalized service.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services include off-premises catering (food prepared away from the premises where it's served) and on-premises catering (meals prepared and served at the same location), each of which accounts for about one-third of industry revenue. Other services include alcohol sales and facility rentals.
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