Extremely Profitable Caterer & Banquet Facilities for Sale

Fort Lauderdale, FL
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Asking Price:$699,000
Gross Revenue:$1,546,322
Rent:$2,500
Established Year:2009
Cash Flow:$228,539
Inventory:$5,000
FF&E:$10,000
BUSINESS DESCRIPTION

Catering company /Banquet Facility for sale

PRICE LOWERED! Reason For Sale: No more ownership responsibility. Multi location Catering & Banquet company for sale. Established since 2010 as full-service catering and/or venue only + corporate & home delivery. West Broward location caters to a 55+ and older community. Seller runs the restaurant / events in the community. Large corporate clients include hospitals/ law firms & more. Second location in Davie handles event rental & catering. In 2022 revenue finished at 1.5+ million with an owner benefit of 228k.Great books & records. Visa qualified with W2 employees. 2023/2022/2021 tax return on file. Sweetheart deal on the lease. No rent in the West Broward facility and Davie location $2,500/month in rent. SBA BANK PREQUALIFIED $699,000 with $69,900 down


DETAILED INFORMATION
Location
Fort Lauderdale, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,200
Employees
21
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two Broward locations
Support & Training
4 weeks no cost
Reason for Selling
No more ownership
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Russell
Cohen
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Russell Cohen