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Business For Sale
CATERER $1.25 MIL SALES SELLER INCOME $130K
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Asking Price: |
$410000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Non-classifiable
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Reason for Selling:
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Other business opportunity |
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Year Established:
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1996 |
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# of Employees:
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14 |
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Yearly Revenues:
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$1,250,000 |
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Yearly Cash Flow:
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$140,000 |
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Yearly EBITDA:
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$140,000 |
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Yearly Net Profit:
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$140,000 |
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Yearly Gross Income:
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$1,250,000 |
Business for Sale Overview:
Well established catering company with a unique business model including: off site catering, dining services and a blend of exclusively operated and preferred status facilities. While they have many sizable clients, they do not rely on any one client but instead have a varied mix of corporate and social clients. One of their private facilities can handle up to 300 guests and can accommodate everything from weddings to corporate meetings. They also have a niche in doing picnics and golf outings. Part of
their success can be attributed to some long term employees who assist in making it a well run organization. If you are a caterer and wish to expand your network, this would be a great way to build upon your network. If you are in the food service business and want to break into catering, you would not find a better way to gain a significant foothold in the industry than buying this business. 2008 sales project to be up 25%. Seller has another business opportunity of which he wants to take advantage of, but will stay on as long as necessary to transition to a new owner. Seller is desirous of finding a buyer that will keep the upward trend that exists in the business and build upon what they have started. They have prided themselves on excellent food and services, flexibility, and 75 years of combined experience in the hospitality industry.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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