Commercial Caterer & Frozen Food Distributor
| Asking Price: | $1,200,000 | Inventory: | $150,000 ++ |
| Gross Revenue: | $1,000,000 | Real Estate: | $600,000 ++ |
| Cash Flow: | $160,000 | FF&E: | $500,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Commercial caterer has a large well established client list for special events,breakfast and lunch meetings delivery to corporate clients. They also have catering contracts with several hotels. The company has also made a significant investment in establishing a frozen food line. The catering or frozen food line can be purchased as a package or sold separately.
About the Business
Year Established:1999
Employees:20 full time - 6 part time
Facilities:Entire building 16,666 sq. ft. The catering and frozen food operations occupy approximately 12,000 sq ft. Second floor has 910 sq ft. dedicated to adminstrative. The facility is USDA Certified. Main floor has 2 prep areas, several storage areas, 2 walkin freezers, dish washing room and the building has an exterior truck well.
Market Outlook and Competition:The frozen food line represents the largest area for future growth. The line has generated several locally and nationally recognized retail grocery store chains and food distribution clients. The product has a registered trademark and in addition franchising legal work is complete if a new owner wishes to market has a franchisor.
About the Sale
Management Training and Support:The Chef/owner is willing to continue working for a new owner or train for a mutually agreeable length of time.
Reason For Selling:Retirement
Seller Financing:Prommissory Note and Land Contract
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