Premiere catering business in Tampa Bay FL. This award winning catering company specializes in weddings, corporate events, private home parties, breakfast, lunch and dinner deliveries, and even pick ups at the facility. The awards, accolades, stellar reviews, industry reputation and generational goodwill keeps the business rolling in continually. Menus are designed and formulated for easier client ordering and kitchen preparation, lower inventories with larger margins. Newer state of the art equipment combined with a large working kitchen could enable higher sales if the owner desired to increase daily event totals. Long term management and experienced employees in place. Semi-Absentee. Lender pre-qualified.
- Asking Price:
- $1,695,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,485,787
- Cash Flow:
- $620,055
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Approximately 8,500 sq. ft space including the offices, tasting room, kitchen, dishwashing room and warehouse.
Business Operation
- Expansion Potential:
-
Potential for growth as owner is in his 60's and has the business on cruise control.
- Competition / Market:
-
No direct competition currently, former competitors sold in the last few years which added to company growth. Glowing accolades from local communities as well as from The Knot, Google, Yelp and Facebook.
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Mon-Fri 9am-5pm; Sat 10am-2pm
- Employees:
- 11 FT/65 PT
- Years established:
- 38
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$169,500 down/$84,750 over 60 mos. @ 5%/Other Financing.
- Furniture / Fixtures value:
- $578,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
- Relocatable:
- This business can be relocated.
