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Catering Facility

Nassau County, New York

Asking Price: Gross: Cash Flow:
$299,999 $340,000 $115,000

Furniture and Fixtures Value:
$100,000 ( not included in the asking price)

Inventory Value:
$5,000 ( not included in the asking price)

Business Summary:
This catering facility has everything you need to engage in this very profitable sector of the food business. The current owners have been at this location for over 24 years. This commissary has also been doing a lunch delivery business along with its catering which can be expanded very easily.

 
   
   
Year Business was Established: 1993
   
Number of Employees: 9  
   
Facilities / Terms of Lease: This catering facility has 1600SF of a working kitchen and 1600SF of finished basement used for offices and storage. It has the layout and capability of producing close to 2 million in revenues. This facility has it all, tons of cooking space, great equipment, china, tables, chairs, vans, etc. A favorable lease will be extended to the new owner for up to 10 years. Currnet lease rate is $3600 month.  
   
Potential Growth/Expansion: This business can do much more than current levels, as proven by the financial records. Marketing on simple levels can take this business back to the million dollar levels it once thrived in. Currently the revenues are approx $300K a year but can easily be increased with more hours and marketing. Great opportunity!  
   
Owner willing to train: Owner will provide 2 weeks of on-site training  
   
Reason for selling: Other Interests  
 

 

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