Asking Price: $85,000
Cash Flow: $28,485
Gross Revenue: $167,896
EBITDA: N/A
FF&E: $256,618
Inventory: $3,000
Rent: $2,300 /Month
Established: 1987
Business Description
This is 30 year established catering company is an EGGCELENT opportunity with lots of assets in place. Operated in a convenient location and fully licensed with lots of upgrades in this over 2500 sq ft air-conditioned commercial kitchen that is ADA compliant! Large inventory, strong name recognition, excellent reputation and online presence with 5-star ratings make this business a true cream puff! The owners have built long term relationships with their suppliers and have custom made proprietary software for event management and an extensive customer database. They cater to all sizes and types of events at all kinds of public and private locations around Florida. Don’t pass the gravy, call today!!!
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 1
- Lease Expiration:
- N/A
- Employees:
- 2
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Conveniently located near major highways for 30 years. The location has all the improvements that allow this business to provide customers from all over South Florida with amazing catered events! This air-conditioned commercial kitchen offers over 2500 sq ft of space that is fully licensed and ADA compliant!
- Competition:
- Not many Catering companies can claim what this one can! Elegant food and service for events all over Florida for over 30 years! The market they serve is very well established and extensive! This business has an excellent reputation and online presence with 5star ratings!! They stand apart from the rest with proprietary software for event management and an extensive customer base and have very long-term relationships with suppliers.
- Growth & Expansion:
- The owners have built a very strong business and are ready to pass the torch to someone who will take what they built and grow it even more!
- Financing:
- Seller may consider some seller financing for a qualified buyer.
- Support & Training:
- Seller will train buyer to operate the business for successful transition.
- Reason for Selling:
- Retirement.
