How do I sell a meal prep business?
Get the records ready first: subscribers, order history, recipes, labels, supplier terms and the kitchen arrangement. Then show a buyer how the business runs without you, with a written handover plan for the cooking, the ordering accounts and the customers.
A buyer will want to see how the business runs. Show it with clear order records, a list of the recipes and suppliers, and the names of the people who do the cooking and delivery. That means clear records, assets that can be handed over and a plan for the period when you step back. Begin well before you speak to anyone, since gathering these pieces can take time.
Document subscribers and orders
Pull together order history by customer, with start dates, pauses and cancellations. Note which customers come from referrals and which from advertising. Keep personal information protected, and share it only after the buyer has signed a confidentiality agreement. Ask your lawyer how to describe the customer list safely in early conversations.
Recipes, brand and accounts
Write the recipes down with quantities, methods and supplier names. Collect the label files, brand name, domain, website, ordering system and social media logins in one place, and confirm who owns each. If a designer or developer made something, check that you hold the rights. A buyer will ask, and a quick answer helps.
Kitchen transfer and handover
Read your kitchen lease or commissary agreement and ask whether the landlord or operator must agree to a new occupant. Tell your key suppliers early if they need to know. If you are the cook, write a handover plan covering the first weeks, the training you will give and how long you can stay. Restaurant owners who cook face much the same question.
Related reading
13 pages on the same subject, grouped by topic.
Selling
Legal
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaIndustryHow to sell your business
- 02Business Development Bank of CanadaGovernmentUnderstanding the options for selling your business
- 03Business Development Bank of CanadaGovernmentHow to Find the Right Buyer for Your Business
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.