Resturant/catering Service Nets $649,491 Asking $950,000

Broward County, FL

Seller Financing Available

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Asking Price:$950,000
Inventory:$5,000
FF&E:$70,000
Gross Revenue:$1,910,000
EBITDA:$649,491
Established Year:2013
BUSINESS DESCRIPTION

WELL ESTABLISHED RESTAURANT AND CATERING SERVICE. SPECIALIZING IN BBQ,LATIN AND AMERICAN CUISANE. CATERING CONTRACTS IN PLACE WITH SEVERAL CORPORATION'S. SERVES OVER 500 PEOPLE A DAY IN THE CAFETERIA. RENT IS AUTOMATICALLY RENEWED YEARLY.THERE IS A FULLY EQUIPED KITCHEN. CATERING TO CORPORATIONS,WEDDINGS,BIRTHDAY PARTIES, AND FOR ALL OCCASIONS. .SALES ARE $1.9 MILLION WITH A NET PROFIT OF $649,491 BUSINESS IS PRICED AT $950,000. REQUIRES A FINANCIAL STATEMENT FROM BUYERS.


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3,000 SQ FEET PROPERTY WITH A MONTHLY RENT OF $1,400
Financing
$300,000
Support & Training
TWO WEEKS
Reason for Selling
MOVING
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MIKE FINKEL
FINKEL BROKERS
MIKE FINKEL