Asking Price: $749,000 Gross Revenue: $1,287,319Cash Flow: $327,363 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $50,000 included in asking priceShare 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.
A high-end, private client catering company that focuses on the highest quality, standard and originality of food. Uncompromising in their quality of service and product, specializing in tailored menus and event design to suit the client's taste, style and theme. A wide range of private, corporate, non-profit, gala, and wedding catering, this business provides creative cuisine combined with personalized service and event-design.
About the Business
Number of Employees:
Building Sq. Ft.:
$3,000.00 Per Month
Business operates from a total of 5,000 sq ft of dedicated office, kitchen, demonstration and consulting space. There is adequate parking for the company’s customers and employees in a prominent location, well-placed to serve Manatee and Sarasota counties. Rent is offered at $3,100 per month, with a three-year option to extend after the present term.
Although there are several catering companies in south-west Florida, most do not offer a truly individually-tailored approach to their customers needs, and this is what sets this business apart from the competition.
Growth & Expansion:
The attention to detail and exemplary customer service is something that takes years to build, and this business has succeeded for 10 years to take its place as one of the area’s most well-respected catering businesses. With a highly trained and dedicated staff combined with effective event management and continued communication with their customers, repeat orders are high and referrals are strong.
Five-Star Catering Business with High-End Clientele
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or stake in the sale of this business and has not verified any of the information
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