Established Catering Company in Nassau County, NY - 31990

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Corporate and Private Catering Business
Asking Price:
$750,000

Gross Revenue:
$2,450,000
Cash Flow:
$260,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Catering and Event Planning,New To Market,Seller Financing Available

Well established (40 years) Gourmet NYC/Long Island/ Hamptons caterer. Corporate events, staffed parties, Black Tie, private events. Extensive event experience with professionally trained event managers, bartenders, servers, chefs, etc. Breakfast, lunch and elegant dinner buffets with exceptional food. Themed buffets -Mexican, Country Style, Italian, Texas, Mediterranean, Napa, Tuscan etc. Sandwich wrap buffets, salad buffets, and cocktail parties. Gala catering menu. Works with all premier tent, chair, table, linen companies. Indoors or outdoors. All services provided. Big drop off and delivery business. Many corporate repeat clients and event and party planner referrals. Has full time sales person. Servicing NJ, CT and Westchester as well. Full liquor license for spot premises events. State of the art commercial kitchen with trained chefs. Over 60 % of revenue is corporate catering including meeting and conferences, employee recognition events, market weeks, and products launches etc. Includes well known hospital groups and nationally known corporations Offsite catering. Business has large state of the art commercial kitchen with professionally trained chefs and cook staff. Long lease available. Three vehicles included in sale. Owner will keep his accounts receivables. Big opportunity for a buyer to build the business. Owner wishes to retire and will provide training and transition to the buyer. Proof of funds and prior background in catering or food service is required for a meeting with the owner. Contact broker Joseph Stansky for more details.

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About the Business

Year Established:
1979
Number of Employees:
62
Website:
www.vestedbb.com/lid-31990
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will provide training and help new buyer transition.

Listing Info

ID:
1613828
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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