Catering Company
Pinellas County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $1,695,000 |
$2,485,787 |
$620,055 |
Furniture and Fixtures Value:
$578,000 (included in the asking price)
Inventory Value:
$25,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Premiere catering business in Tampa Bay FL. This award winning catering company specializes in weddings, corporate events, private home parties, breakfast, lunch and dinner deliveries, and even pick ups at the facility. The awards, accolades, stellar reviews, industry reputation and generational goodwill keeps the business rolling in continually. Menus are designed and formulated for easier client ordering and kitchen preparation, lower inventories with larger margins. Newer state of the art equipment combined with a large working kitchen could enable higher sales if the owner desired to increase daily event totals. Long term management and experienced employees in place. Semi-Absentee. Lender pre-qualified.
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| Year
Business was Established: 1985 |
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| Number of Employees:
11 FT/65 PT |
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| Facilities / Terms of Lease:
Approximately 8,500 sq. ft space including the offices, tasting room, kitchen, dishwashing room and warehouse. |
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| Potential
Growth/Expansion:
Potential for growth as owner is in his 60's and has the business on cruise control. |
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| Competition:
No direct competition currently, former competitors sold in the last few years which added to company growth. Glowing accolades from local communities as well as from The Knot, Google, Yelp and Facebook. |
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| Owner
willing to finance:
$169,500 down/$84,750 over 60 mos. @ 5%/Other Financing. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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