Business For Sale

High End Boutique Catering Company

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$1,200,000 $2,301,886

Food & Beverage: Catering, Food Preparation


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RE: High End Boutique Catering Company Broker: Martin Berliant
Owner Financing is Available!

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,301,886
Net Profit: $357,347
Cash Flow: $357,347
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 16
BBN Listing #: 143429831
Broker Reference #: Not Disclosed

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Business Overview:

Very lucrative boutique catering company for sale in South Florida. Perfect fit for another catering company wishing to expand or an entrepreneurial minded individual experienced in the food service industry who can take the company to the next level. Huge runway for growth by having off-premises location, expanding staff, and launching marketing initiatives (the business has never done marketing and presently turns away business). Business caters about 250 events per year, mostly comprising private parties and functions of 50-150 people. Very seasonal so buyer can take part of the summer off!

Located in spacious 4,500 sq facility with fully equipped kitchen, storage areas, and office suites. Dedicated and long-standing staff includes kitchen crew along with managers/sales people and as many as 60 as-needed servers and bartenders who help serve the events.

Same owner is retiring after 28 years. Margins can be greatly expanded by cutting overhead and streamlining the operations. Events for the season typically booked a couple months in advance. Great financials and owner will effectuate a very smooth transition.
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Reason for Selling:

semi-retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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