Business For Sale

The Oldest & Most Prestigious Palm Beach Caterer

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$399,000 $550,000

Food & Beverage: Catering, Food Preparation


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RE: The Oldest & Most Prestigious Palm Beach Caterer Broker: JOSHUA SAGMAN
Owner Financing is Available!
Loan/Seller - Amount: $99,000 Months: 36 Rate: 8.00% Monthly Payment:$3,102.30

Quick Facts

Asking Price: $399,000
Annual Revenue: $550,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 17
BBN Listing #: 6630630
Broker Reference #: 6401-328491

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Business Overview:

Since 1985- This caterer has produced outside catering to some of the most prolific families, corporations and special events in Palm Beach County. The owner recently turned 80 years old and is looking for an easy transition. This turn-key business features: commissary kitchen, executive chef, front of the house and back of the house management along with (1) truck and (2 Vans). The 3,800 square feet facility has below market rent and over $200,000 in furniture, fixtures and equipment. This business is priced to sell! Please refer to listing number 6401-328491 and advisor Joshua Sagman when inquiring on this listing.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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