Asking Price: $354,000 Gross Revenue: $922,499Cash Flow: $181,436 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500 included in asking priceFF&E: $125,000 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.
Growing Catering Business for sale in Jacksonville with Real Estate available ($360k). People LOVE this business. The food is amazing and service wows the customers. Enjoy a well developed business with tons of bookings. Ideal buyer would have catering background and loves to be busy with a high quality standards. Tons of room to grow with 2 kitchens and the real estate for sale. Ideal business for a chef or restaurateur. Taxes on file and full confidential memo provided to all qualified buyers. Call today for an NDA.
About the Business
Number of Employees:
Over 4200 sq ft with 2 kitchens and lots of storage. Rent for $4550/mo or buy the Real Estate for $360k (priced well below market appraisal of $425k).
Growth & Expansion:
Huge potential. Reputation is EVERYTHING and this business has an amazing reputation with venues and clients. Uphold the standards in place and watch this business continue to grow.
Growing Catering Business for Sale in Jacksonville
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 & Conditions.