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- RE: 2576 Catering Business W/ Large Hall & Garden
- Contact: Lake Country
Quick Facts
Asking Price: | $499,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $174,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1,840,000 | |
Year Established: | 1972 | |
Employees: | Not Disclosed | |
BBN Listing #: | 653222468 | |
Broker Reference #: | 2576 |
Business Overview:
This premier caterer, with many attractive and diverse attributes, including a large hall, event garden, mobility services, and an on-site bakery, would be an excellent acquisition for any buyer.Â
The fundamentals of this business have been and continue to be extremely strong. While many catering companies did not survive Covid, this caterer did. This business cash flows nicely throughout the year, with a healthy mix of weekday and weekend bookings and events, both for commercial and private clients. This caterer has experienced profitable performance over an amazing 50-year period!
HIGHLIGHTS
- A $2Million revenue company
- 5-decade running business with over 80,000 caterings!
- Prime commercial real estate
- Cash flow pays for the real estate
- Real estate could be leased through a triangle agreement
- Diverse revenue sources, more than a typical caterer
This Business acquisition is SBA eligible.
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Property Features and Assets:
Large Hall with outdoor event garden located and mobility services in a highly visible location.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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