Successful Catering Business -Only 10% Down Needed

Not Disclosed, NJ
Morris County

Northern NJ

Asking Price: Annual Revenue:
$489,000 $1,039,158

Food & Beverage: Catering, Food Preparation

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RE: Successful Catering Business -Only 10% Down Needed Broker: Brian Smith

Quick Facts

Asking Price: $489,000
Annual Revenue: $1,039,158
Net Profit: Not Disclosed
Cash Flow: $253,659
Total Debt: Not Disclosed
FF&E: $82,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 7
BBN Listing #: 47044955
Broker Reference #: 3408-17475

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Business Overview:

This business has been pre-approved for bank financing with only 10% down needed. 

This well-established off-premises catering company is on track to have another successful year with over a million dollars in revenue.

Trusted for over 2 decades with high-end events of all sizes in the tri-state area, ranging from weddings, Bar & Bat Mitzvahs to holiday parties and more.

They've built their reputation on their exquisite cuisine, impeccable service, presentation, and planning. They're ready to pass this company on to new owners who can serve their clientele with quality and precision and take this already-proven entity to the next level. 

Huge opportunities for growing the business by forging and maintaining relationships with event spaces and their management, event and wedding planners, energetic use of social media and corporate catering.

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Property Features and Assets:

Perfect location & space to run a highly successful catering operation. This 3,500-square-foot facility features a large kitchen, ample prep and storage areas, a walk-in fridge, double door freezer, Ice freezer, office space & a conference room.   Assets = $86,500

Market Competition and Expansion:

There are few off-premise catering companies that offer the level of service, quality of food & customer attention that would be labeled as ‘competitors’. Expanding vendor relationships in the areas of entertainment, design, florists, staffing & rentals would further increase revenue.

Reason for Selling:

Owners wish to retire.

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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