Catering Company
Not Disclosed, FL Pinellas County
Asking Price:
$1,695,000
Annual Revenue:
$2,485,787
Request More Information Contact the Seller
- RE: Catering Company
- Contact: Lonnie Veasley
Owner Financing is Available!
$169,500 down/$84,750 over 60 months @ 5%/Other Financing.
Quick Facts
| Asking Price: | $1,695,000 | |
| Annual Revenue: | $2,485,787 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $620,055 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $578,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1985 | |
| Employees: | 76 | |
| BBN Listing #: | 76524955 | |
| Broker Reference #: | 1001-17741 |
Business Overview:
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.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:
Approximately 8,500 square feet space including the offices, tasting room, kitchen, dishwashing room and warehouse. Assets = $603,000Market Competition and Expansion:
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. Potential for growth as owner is in his 60's and has the business on cruise control.Reason for Selling:
Retirement.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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