Asking Price: $355,000 Gross Revenue: $570,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: $350,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This custom catering company has served this market area for 30 years and has a reputation for excellence in cuisine and service. This business is a great opportunity for an existing company to obtain great new growth and to acquire many additional customers, industry assets, and equipment. A food service entrepreneur could also get a jump start with a well-established catering operation with existing revenues.
About the Business
Number of Employees:
This company currently operates out of a facility with a short term lease (optional) located near major highways for easy access for traveling to offsite locations. There are additional storage facilities used for equipment.
Although there are many catering companies in surrounding areas, there are very few who offer the high quality menus and services with wide price ranges from modest to upscale created by this company. Caterer uses local sustainable food vendors and also offers personal shopping with many national vendor accounts. It is truly a unique opportunity.
Growth & Expansion:
South Central PA is a growing market with increasing diverse needs for custom catering. An energetic new owner with sales person could generate expanded additional opportunities in existing and new markets.
Catering and Personal Chef Services - South Central PA and MD
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or stake in the sale of this business and has not verified any of the information
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