Well Established Catering And Cafe Store

Not Disclosed, NJ Union County

Central Union County

Asking Price: $174,900

Annual Revenue: $590,613

Food & Beverage: Catering, Food Preparation

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Well Established Catering and Cafe Store

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RE: Well Established Catering And Cafe Store
Contact: Greg Gradel

Quick Facts

	Asking Price:	$174,900
	Annual Revenue:	$590,613
	Net Profit:	Not Disclosed
	Cash Flow:	$122,850
	Total Debt:	Not Disclosed
	FF&E:	$32,000
	Real Estate:	Not Disclosed
	Year Established:	2000
	Employees:	Not Disclosed
	BBN Listing #:	936722
	Broker Reference #:	3410-18139

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Business Overview:

Full-service catering and fine European cuisine, plus a large selection of amazing desserts to compliment your party!

Catering for gatherings of virtually any size from small, intimate dinners & cocktail parties to events for up to three hundred guests, in many different venues, customized to each clients personal style.

Everything is made to order in their in-house cafe, with seating inside and out during the warmer months. All food is made in-house from scratch with the best-sourced ingredients, There are new daily fresh items in the Cafe such as Pasta, Fish, and Meat dishes to choose from!

Attention to detail is unsurpassed, and event planners guide clients through every aspect of their event. They pride themselves on building long lasting relationships with clients and customers so that they can become part of the their family.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This storefront location is on a main street in a busy downtown area. In addition to on-street parking, there are several spaces allocated to this location at the rear of the building.

During the summer months, outdoor tables and seating are available.

There is a full basement with multiple freezers and refrigeration as well as ample storage space.

Assets = $92,068

Market Competition and Expansion:

The industry is expected to experience an uptick in profit margins.
Household demand is expected to increase in line with consumer spending growth. More restaurants are growing their catering services in direct response to consumer trends.

Demand rebounded in 2021 after the Pandemic as restrictions eased on large gatherings.

Catering revenue continues to grow as catering services gain popularity along with consumer spending driving demand.

The catering industry is projected to grow steadily thru 2028 with profit stabilizing at 5.6%.

Reason for Selling:

Owner relocating out of state.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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