Washington D.C. Catering Business-REDUCED

Rockville, MD
Montgomery County

Washington DC

Asking Price: Annual Revenue:
$299,000 $495,000

Food & Beverage: Catering, Food Preparation

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RE: Washington D.C. Catering Business-REDUCED Broker: Tom Lutes
Owner Financing is Available!
Possible Financing 20-30%

Quick Facts

Asking Price: $299,000
Annual Revenue: $495,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $82,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 9
BBN Listing #: 444357006
Broker Reference #: Not Disclosed

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Business Overview:

Established Catering company in the "Catering Heaven" of Washington D.C.The Washington D.C. market offers catering professionals an incredible opportunity to cater unlimited amounts of events.
The business has approximately 3,000 square feet with a monthly rent payment of only $3,344/month.
The business is generating nearly $500,000 in gross revenue with a lot of room for growth by increased marketing. Owner SDE from the business is approximately $130,000 annually.
Business is offered at $299,000 with $82,000 + in FF&E and approximately $12,000 in food inventory included in the purchase price.

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Property Features and Assets:

3,000 square feet (approximately).

Reason for Selling:

Career change.

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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