Twenty Years in Business! Breakfast, Lunch & Catering Business
Allegheny County, PA
| Asking Price: | $200,000 |
| Gross Revenue: | $267,000 |
| FF&E: | $150,000 |
| Cash Flow: | $61,000 |
| Rent: | $950 |
| Established Year: | 2007 |
Listing ID: 2300570Listing provided by BizBuySell
BUSINESS DESCRIPTION
This turnkey business is ready for a new owner! Locally known and well established for the past twenty years, this business features 5,200 sq ft of leased space that allows the catering business to operate separate from the diner. Solid year over year earnings post-pandemic with a current year on pace with last year. There are plenty of growth opportunities for a new owner!
Interested in learning more?
For more details and to schedule a confidential discussion, please complete our NDA at https://commercii.com/nda and send a message through bizbuysell.
DETAILED INFORMATION
Location
Allegheny County, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,200
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facilities include all equipment and business assets with an approximate value of $150,000. The diner is segregated from the catering space so each can operate independently.
Competition
There is demand for catering in the Pittsburgh region. Currently, the owner handles most of the catering himself and could easily be built up with additional marketing and staffing. The cafe has steady sales year over year. There is competition, but providing top notch catering service is key to being successful.
Growth & Expansion
The catering side of the business has much upside and there is ample space in the facility to handle growth.
Financing
Seller may consider holding a note with strong down payment and experienced buyer
Support & Training
Owner will offer a reasonable transition period and support to be negotiated.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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