Award-Winning Hospitality Co. w/RE "SALE PENDING"

Not Disclosed, RI


Asking Price: Annual Revenue:
$2,800,000 $5,498,248

Food & Beverage: Catering, Food Preparation


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RE: Award-Winning Hospitality Co. w/RE "SALE PENDING" Broker: Justin Grolley

Quick Facts

Asking Price: $2,800,000
Annual Revenue: $5,498,248
Net Profit: Not Disclosed
Cash Flow: $781,352
Total Debt: Not Disclosed
FF&E: $650,000
Real Estate: $950,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 872535713
Broker Reference #: 19885

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Business Overview:

Award-Winning hospitality company that has been servicing a wide variety of customers throughout Southern New England for many years.

Well diversified customer base and recurring revenue streams in place.

Strong brand name and reputation for providing exceptional services at reasonable prices.

Long-standing relationships with numerous complimentary hospitality companies.

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Property Features and Assets:

The Company has a large facility consisting of warehouse, office space, production/prep areas and storage areas. There is ample parking on-site for company vehicles and the facility is located in proximity to major highways.

Market Competition and Expansion:

Numerous growth opportunities such as increasing sales/marketing efforts, expanding relationships with additional venues, and added focus on growing profitable segments of the business.

Reason for Selling:

Retirement

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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