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Business For Sale
CATERING WITH REAL ESTATE
Attn: Not Available
Southern Burlington County, NJ, USA
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Listing Number: "0619"
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Listing
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Asking Price: |
$1,650,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Suppliers, Vending
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Reason for Selling:
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Retiring |
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Year Established:
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1972 |
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# of Employees:
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8 Full Time 35 Part Time |
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Yearly Revenues:
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$592,934 |
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Yearly Cash Flow:
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$146,032 |
Business for Sale Overview:
Upscale 9,600 Square Feet Burlington County Catering Facility. Sale includes 4.85 acres on major highway in an affluent community near large population center. Has parking for 274 cars and manicured gardens. This catering facility has been operating for over 40 years with same owner. Seller will finance $750,000 @ 7% for five years based on a ten year amortization.
Property Features and Assets:
Catering Facility in Southern Burlington County is 9,600 Square Feet on 4.85 Acres. Gardens are well maintained and attractive. Upstairs 3 bed 2 bath owner occupied. Equipment value 275,000.
Market Competition and Expansion:
Catering Business of over 40 years has plenty of room for expansion.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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