CATERING company $1m gross sales/nets $150K

Asking Price$395,000

Cash Flow
$151,000

EBITDA$151,500

Gross Revenue$1,000,000

Inventory$10,000
Not included in asking price
FF&E$400,000
Included in asking price
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CATERING company $1m gross sales/nets $150K


Asking Price$395,000

Cash Flow
$151,000

EBITDA$151,500

Gross Revenue$1,000,000

Inventory$10,000
Not included in asking price
FF&E$400,000
Included in asking price

Seller Financing Available
Business Description
turn Key CATERING operation lots of new equipment excellent location LOW rent Fully staff with sales teams chefs. Seller is willing to stay on for at least six months, up to one year to support a smooth transition. Contact the Broker Mike Saedlo for a detailed package of info, email at mike@svbusinessbroker.com BROKER IS OFFERING A $5000 REFERAL BONUS to anyone that introduces a buyer to the broker and they go to closing
About the Business
Years in Operation
21
Employees
6
Facilities & Assets
Contact Broker for a detailed equipment list and I will be happy to do walkthrough at your convenience.
Market Outlook / Competition
Very well established and known business. Excellent five star rating on Google reviews.
Opportunities for Growth
Certainly could do an additional $500K+ per year, introducing corporate daytime catering, outside BBQ's, etc.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$3,500.00 per month
Lease Expiration
3/25/2030
About the Sale
Seller Motivation
After 20+ years, the owner wants to retire!!
Transition Support
Seller will work full time with the buyer for one month. Seller would be available for an hourly basis to assist during the first year of operations.
Financing Options
The Seller would consider up to $100,000 in financing, with terms TBD.
Listing Info
ID
2348611
Listing Views
1104

Contact Seller

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Business Listed by: Mike Saedlo Mike Saedlo

Listing ID: 2348611 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.