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- RE: Net Over 220K - Growing Ethnic Catering Company -Las Vegas Strip Hotels Only – SBA For Qualified Buyer
- Contact: Not Disclosed
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $809,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $222,972 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 4 | |
BBN Listing #: | SB-54721 | |
Broker Reference #: | LASVENV001-54721 |
Business Overview:
This is a once in a lifetime opportunity to purchase a very profitable and growing specialized catering company that sells strictly to some of the largest casinos on the Las Vegas strip. This business can qualify for SBA financing and is being offered for sale at a significant discount as compared to the business valuation, as the Seller is interested in retiring after an extensive transition. Restaurant experience will be necessary in addition to excellent communication skills. -Extremely Profitable Full Catering Facility Preparing High Quality Halal Indian Cuisine Only-Years of Operating History as both a Restaurant and in Catering but in recent years has moved to Catering Only-Easy to Learn and Operate with a Highly Experienced Team that does all the Cooking-High Margins and a History of Consistent Profitability-Turn-Key Operation and Fully Staffed-Clients are only Major Las Vegas Strip Casinos-Huge Upside Potential due to Demand in the Las Vegas Market. Seller can and will help to expand to other Casinos or to Cater for Partys and other Functions-2024 Revenue and Profits expected to be Significantly Higher than 2023-Seller willing to Train and Ensure Smooth Transition -Revenue is on pace over the next 2 years to normalize at pre-COVID levels which would be 50% more than 2023.-Seller is looking to Retire but will only Sell to the Right Buyer and will give Full SupportFor more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers at 702-714-0229 or email for a non-disclosure agreement to quickly receive the package at lvbusinessbroker@gmail.com NV license # 54316, Business Broker Lic. # 13
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Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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