Kosher Catering Business for Sale in Broward County is SBA pre-qualifi

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Asking Price:
$295,000

Gross Revenue:
$464,287
Cash Flow:
$151,834
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy this Catering Business for sale in Broward County. Consistently returns mid six figure earnings to the retiring owner and has been pre-qualified for SBA funding.
This Catering Business for Sale in Broward County has an excellent reputation and the business has been steady for more than forty years. In 2016 gross sales on the books were in excess of $460,000. Owner benefit exceeded $150,000. The goodwill associated with this business has been earned by two generations and the owner is ready to retire.
This Catering Business for Sale in Broward County offered by the Restaurant Brokers handles weddings, bar mitzvahs, anniversaries, birthdays, Shabbat dinners, luncheons and any other gathering you might have. Many customers call and place an order to be picked up. The menu has all of the traditional favorites such as Matzo Ball Soup, Potato Knishes, Chicken in a Pot, Brisket, Kugel, Latkes, Rugalach, and much more. All recipes and customer records will transfer with the sale and the owner will train for two months at no cost for a smooth transition of ownership.
This Catering Business for sale has more than forty years of goodwill built into the business. The customer base covers Broward and Palm Beach Counties with off-premise catering and a retail take out business located in Pembroke Pines. The retail and kitchen facility occupies 900 square feet in a popular strip center. The rent on the retail space is a very reasonable $1,729 per month including all CAMS and taxes. The restaurant brokers will negotiate the assignment of this favorable lease. Included in the sale of this business is a 2010 Chrysler Grand Caravan that is used for delivery.
The kitchen in this Catering Business for Sale is fully equipped. The commercial kitchen includes a seven foot exhaust hood, in ground grease trap, two-eye stock pot burner, one eye stock pot burner, double stocked convection oven, 6 x 8 walk-in cooler, slicer, PVC wrapping machine, commercial refrigeration, and assorted pots, pans, and utensils. The front of the space is complete with a ten foot display case, three glass door cooler and two glass door freezer.

About the Business

Location:
Pembroke Pines, Florida
Year Established:
1974
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
900
Rent:
$1,728.00 Per Month
Lease Expiration:
8/31/2020
Facilities:
double stacked convection oven seven foot hood two door stand up freezer split door freezer assorted pots and pans smallwares three compartment sink stock pot burner two eye stock pot burner two door stand up freezer three door stand-up cooler ten foot display case prep tables slicer pvc wrapping machione walk-in cooler
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Thirty five years of goodwill built in The catering business has served the Palm Beach and Broward County Jewish Community with holiday and catering needs over two generations
Growth & Expansion:
Adding advertising and 21st century technology to the business will be a boom
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will train for two weeks at no cost

Listing Info

ID:
1407855
Ad Detail Views:
1987

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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

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View My 32 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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