Corporate Catering business-381Kprofit-repeat clients Preferred Vndr

Asking Price$1,300,000

Cash Flow
$380,763

EBITDA$380,763

Gross Revenue$1,375,159

Inventory$35,000
Not included in asking price
FF&E$680,000
Included in asking price
Real Estate$1,500,000
Not included in asking price
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Corporate Catering business-381Kprofit-repeat clients Preferred Vndr


Asking Price$1,300,000

Cash Flow
$380,763

EBITDA$380,763

Gross Revenue$1,375,159

Inventory$35,000
Not included in asking price
FF&E$680,000
Included in asking price
Real Estate$1,500,000
Not included in asking price
Business Description
Multiple repeat corporate client events, re-ordering same venues, again & again.
70% corporate Events, 30% home catering
Business-is a PREFERRED vendor, for many exclusive engagements, for many years, simple rinse and repeat jobs
***Real Estate is EXcluded from the Sale price***
About the Business
Years in Operation
45
Employees
11 (9 Full-time, 2 Part-time)
Currently Relocatable
Yes
Facilities & Assets
400 SF office, 4100 SF Plant, 1800 SF other. ***Real Estate is EXcluded from the Sale price***
Website
https://tangentbrokerage.com/search/?listingId=cme8spq5t000pjl04rwyuvyq3
Market Outlook / Competition
Add sales staff or marketing if you wish to grow business and pay off your bank loan quicker.
Opportunities for Growth
Add outside sales rep, call on business accounts, add select markets not currently served
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
6,300
About the Sale
Seller Motivation
Retirement
Transition Support
30 days free training, included with business sale, Owner believes 30 days will be sufficient but owner will continue providing support via cell phone afterwards, or can arrange consulting if requested after training is complete.
Listing Info
ID
2401020
Listing Views
366

Contact Seller

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Business Listed by: Charles Howard Tangent Brokerage

Listing ID: 2401020 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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