Profitable Caterer & Banquet Facilities For Sale
Fort Lauderdale, FL Broward County
2 locations
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- RE: Profitable Caterer & Banquet Facilities For Sale
- Contact: Russell J
Quick Facts
| Asking Price: | $699,000 | |
| Annual Revenue: | $1,546,322 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $228,539 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | 21 | |
| BBN Listing #: | 950375 | |
| Broker Reference #: | 1287-17872 |
Business Overview:
PRICE REDUCED! Reason For Sale: No more ownership responsibility. Multi location Catering & Banquet company for sale. Established since 2010 as full-service catering and/or venue only + corporate & home delivery. West Broward location caters to a 55+ and older community. Seller runs the restaurant / events in the community. Large corporate clients include hospitals/ law firms & more. Second location in Davie handles event rental & catering. In 2022 revenue finished at 1.5+ million with an owner benefit of 228k.Great books & records. Visa qualified with W2 employees. 2023/2022/2021 tax return on file. Sweetheart deal on the lease. No rent in the West Broward facility and Davie location $2,500/month in rent. SBA BANK PREQUALIFIED $699,000 with $69,900 down
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Property Features and Assets:
Two Locations
Reason for Selling:
No More OwnersipAdditional 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
Relevant Links:
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