Seller's Contact Information
- RE: Profitable Catering, Restaurant And Bar #430
- Contact: Ben Strake
Quick Facts
| Asking Price: | $240,000 | |
| Annual Revenue: | $718,219 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $81,875 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | $550,000 | |
| Year Established: | 1965 | |
| Employees: | 12 | |
| BBN Listing #: | 350647756 | |
| Broker Reference #: | 430 |
Business Overview:
Very profitable decades old catering, restaurant and bar with lots of opportunity for expansion and growth especially in catering. 2019 numbers are on a fiscal year ending 6/30/2020 and reflect three months of COVID shutdown and still profitable despite the cancellation of many wedding catering jobs. This successful and long-standing company has a great reputation and location. The building is also for sale and can be purchased for less than the monthly rent with better financing terms. There is a lot to learn about this business! For more information, please call Pam Ludwinski 314-368-8811 or info@premierbb.com.
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Property Features and Assets:
Building Own 4,000 square feet. Real Estate is available for an additional $550,000.
Market Competition and Expansion:
More Advertising and Marketing.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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