Large Caterer Looking for Equity Partner or Sale
| Asking Price: | $385,000 | Inventory: | $3,000 ++ |
| Gross Revenue: | $1,250,000 | Real Estate: | n/a |
| Cash Flow: | $134,000 | FF&E: | $49,000 ++ |
| ++ included in the asking price ** not included in the asking price |
Local catering/ food service organization with sales over $1.3 million is seeking an equity partner or a buyer to help their business grow and capture additional success. This is a profitable company with cash flow exceeding $100K that needs a partner with funds and talent to take the company to the next level. The current owners are willing to accept a combination of “sweat” and financial equity for the right candidate. This is a well established (over 10 years) caterer who performs off site catering, dining services, and has a mixture of exclusively operated and preferred status facilities. They have an excellent mixture of both corporate and social clients. They do have a facility that can handle a maximum of 300 guests and they have a niche in doing picnics and golf outings. They have prided themselves on excellent food and services, flexibility, and 75 years of combined experience in the hospitality industry.
About the Business
Year Established:1996
Employees:8 full time - 5 part time
About the Sale
Reason For Selling:Other business opportunities.
Seller Financing:Seller will consider financing part of the sales price.
KEYWORDS: catering, food, restaurants, dining, fast food
Sell Your Business | This listing has been viewed 417 times
