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Sumptuous Cuisine Catering seeks to expand by acquiring a dedicated event venue called The Sumptuous Ballroom. This will allow the company to increase gross margins by renting out the space. Objectives over the next three years include renovating the ballroom, hiring a facilities manager, achieving a positive return on investment by year two, and utilizing the ballroom on 40% of days by year three. The catering company has grown steadily since being founded in 2005, and acquiring the ballroom will enable ov

Author

Abhi Tagores

Language

EN