2576 Premier Caterer with a Strong Local Brand
Asking Price: | $499,000 |
Gross Revenue: | $2,022,000 |
Established Year: | 1972 |
Cash Flow: | $174,000 |
Real Estate: | $1,840,000 |
Well established, cash-flowing business in excellent location
This premier caterer, with many attractive and diverse attributes, including a large hall, event garden, mobility services, and an on-site bakery, would be an excellent acquisition for any buyer.
The fundamentals of this business have been and continue to be extremely strong. While many catering companies did not survive Covid, this caterer did. This business cash flows nicely throughout the year, with a healthy mix of weekday and weekend bookings and events, both for commercial and private clients. This caterer has experienced profitable performance over an amazing 50-year period!
HIGHLIGHTS
• A $2Million revenue company
• 5-decade running business with over 80,000 caterings!
• Prime commercial real estate
• Cash flow pays for the real estate
• Real estate could be leased through a triangle agreement
• Diverse revenue sources, more than a typical caterer
SBA Eligible!