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- RE: Well Established Catering And Café Company
- Contact: Tracy Anderson
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $3,900,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $138,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 110,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 36 | |
BBN Listing #: | 170264094 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Full-service catering, carryout and/or dine-in gives this restaurant an average revenue of $3,900,000 over the last 3 years and is open 6 a.m. to 2 p.m. Dedicated repeat customer base, located near a busy street and plenty of parking. This restaurant offers a Café and bakery with homemade recipes for breakfast and lunch. This company does 50% catering and has the staff to do more if desired. The seller has as strong manager in place to overseas the day-to-day operations. Well maintained equipment and yearly upgrades. The lease is assumable and does not include property. Asking price $700,000 with NOB $138,000. Inventory runs monthly about $86,000. Please contact Tracy Anderson or Rob Formanek using reply to this ad button. An NDA and Buyer Confidential form must be filled out and signed before any information can be released.
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Property Features and Assets:
The business is set in a 4,700 square foot space in a very busy part of town. New kitchen equipment purchased in 2023.
Market Competition and Expansion:
This restaurant has returned to full stride with revenues continuing to grow. Competition for this business would be those other restaurants serving similar food types. Continue growing the catering department which has plenty of staff to support growth.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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