Catering Company

Not Disclosed, FL Pinellas County

Asking Price: $1,695,000

Annual Revenue: $2,485,787

Food & Beverage: Catering, Food Preparation

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RE: Catering Company
Contact: Lonnie Veasley

Owner Financing is Available!

$169,500 down/$84,750 over 60 months @ 5%/Other Financing.

Quick Facts

	Asking Price:	$1,695,000
	Annual Revenue:	$2,485,787
	Net Profit:	Not Disclosed
	Cash Flow:	$620,055
	Total Debt:	Not Disclosed
	FF&E:	$578,000
	Real Estate:	Not Disclosed
	Year Established:	1985
	Employees:	76
	BBN Listing #:	76524955
	Broker Reference #:	1001-17741

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Business Overview:

Premiere catering business in Tampa Bay FL. This award winning catering company specializes in weddings, corporate events, private home parties, breakfast, lunch and dinner deliveries, and even pick ups at the facility. The awards, accolades, stellar reviews, industry reputation and generational goodwill keeps the business rolling in continually. Menus are designed and formulated for easier client ordering and kitchen preparation, lower inventories with larger margins. Newer state of the art equipment combined with a large working kitchen could enable higher sales if the owner desired to increase daily event totals. Long term management and experienced employees in place. Semi-Absentee. Lender pre-qualified.

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Property Features and Assets:

Approximately 8,500 square feet space including the offices, tasting room, kitchen, dishwashing room and warehouse. Assets = $603,000

Market Competition and Expansion:

No direct competition currently, former competitors sold in the last few years which added to company growth. Glowing accolades from local communities as well as from The Knot, Google, Yelp and Facebook. Potential for growth as owner is in his 60's and has the business on cruise control.

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

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