Elite Catering/Restaurant-Fully Staffed & Booked

Not Disclosed, IA

Asking Price: Annual Revenue:
$695,000 $487,427

Food & Beverage: Catering, Food Preparation

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RE: Elite Catering/Restaurant-Fully Staffed & Booked Broker: Doug Hove
Owner Financing is Available!
Owner Terms:$89,500.00

Quick Facts

Asking Price: $695,000
Annual Revenue: $487,427
Net Profit: Not Disclosed
Cash Flow: $104,420
Total Debt: Not Disclosed
FF&E: $111,003
Real Estate: $323,000
Year Established: 2010
Employees: 9
BBN Listing #: 585550297
Broker Reference #: 17441-164114

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Business Overview:

This is a great chance to be your own boss and master of your own schedule. This profitable and long-established catering and dine-in or carryout restaurant enjoys great name recognition, repeat customers, and is well known for being a great starter job for young employees. Fully booked catering events through year end. This is the go-to caterer for most weddings and corporate events in the area. Located in an explosive growth area. Ultra clean presentation with state of the art equipment in place.

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Property Features and Assets:

Real Estate is included with this sale. Located with easy access on a main business street with plenty of parking. The site is appealing and business is neat as a pin inside and out. Seats 30. 11 years owned with 5 years at the current location has yielded great name recognition

Market Competition and Expansion:

Competition: Years of catering experience and attention to detail sets this business apart from the competition. Consistently delicious recipes and food prevent unwanted surprises for customers. The fully booked catering pipeline is testimony to their reputation and has been achieved with minimal advertising budget. Expansion: Incredible growth in upscale residential developments within the service area ensures ongoing growth potential.

Reason for Selling:


Additional Details:

  • The property is owned.
  • 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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