2576 Premier Catering Business - SBA Eligible
Business Description
Over 50 years in business, with acclaimed on-site bakery
This premier caterer, with many attractive and diverse attributes, including a large hall, event garden, mobility services, and an on-site bakery, would be an excellent acquisition for any buyer.
The fundamentals of this business have been and continue to be extremely strong. While many catering companies did not survive Covid, this caterer did. This business cash flows nicely throughout the year, with a healthy mix of weekday and weekend bookings and events, both for commercial and private clients. This caterer has experienced profitable performance over an amazing 50-year period!
HIGHLIGHTS
• A $2Million revenue company
• 5-decade running business with over 80,000 caterings!
• Prime commercial real estate
• Cash flow pays for the real estate
• Real estate could be leased through a triangle agreement
• Diverse revenue sources, more than a typical caterer
SBA Eligible!
The fundamentals of this business have been and continue to be extremely strong. While many catering companies did not survive Covid, this caterer did. This business cash flows nicely throughout the year, with a healthy mix of weekday and weekend bookings and events, both for commercial and private clients. This caterer has experienced profitable performance over an amazing 50-year period!
HIGHLIGHTS
• A $2Million revenue company
• 5-decade running business with over 80,000 caterings!
• Prime commercial real estate
• Cash flow pays for the real estate
• Real estate could be leased through a triangle agreement
• Diverse revenue sources, more than a typical caterer
SBA Eligible!
About the Business
- Years in Operation
- 53
- Website
- https://lakecountryadvisors.com/business/1599-banquet-hall-catering-company/
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller is willing to provide training for a negotiated period ensuring a smooth transisition.
Listing Info
- ID
- 2004271
- Listing Views
- 2006
Listing ID: 2004271 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
