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Listed by:

Core Corporate Advisors

Established Breakfast Lunch Catering Business In Florida For Sale

Florida
Asking Price:
$745,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,327,593
Cash Flow:
$203,000

This is the one!!! Unique Opportunity to take over a Long Established Breakfast/Lunch Restaurant, Market and full service Catering business that is all under one roof. Located on the Southwest Coast of Florida, 20+ years in business, $1.3 Million in Revenue with Owners Benefit Cash flow in excess of $200,000. Long standing area favorite with loyal repeat customers. Tremendous upside potential for a new buyer. Purchase the whole operation for $745,000, or purchase the the Breakfast/Lunch Restaurant & Market separate from the catering business. The owners are flexible.

The Catering Business generates Revenue of $700,000 a year and provides catering for over 100 weddings a year. They are a top caterer in the area with an excellent reputation and strong name recognition. This Division of the business is growing rapidly and there is a tremendous upside for a new owner. This division could be purchased separately for $400,000.

RESTAURANT
* Breakfast/Lunch foods with Daily Special Favorites
* Eclectic Modern Setting with Great Parking and Great Visibility.
* Main Thoroughfare with High Traffic Count

MARKET
* Classics & Stylized Local Favorites for Pickup and Delivery
* Preferred Choice for Loyal Individuals, Businesses & Other Local Groups

CATERING
* Proven Track Record Supported by Loyal Customer Base & Testimonials
* Profitable Award Winning Special Events Provider
* Specializes in Planning, Managing & Providing Food Service for Events of all Types
* Catering offers $ on the Books for both Current and Future Events.
* Menus vary from Simplistic to Upscale Options.
* Events include Private Parties, Picnics, Reunions, Graduations and Fund Raisers 
* Strong Referral Base and Repeat Business
* Advanced Bookings into 2020
* Preferred Vendor at many sites in the Community
* Exclusive Contract with High Volume Local Venue

Due to the highly Confidential nature of the Sale of this business, information will be shared with potential buyers who make inquiries, but the exact location and the name of the business will not be revealed until a buyer is serious enough to submit an abbreviated financial statement and resume to show that they have the capacity to do the deal. and resume.

Property information

Real Estate:

Lease

Lease Terms:

Lease just renegotiated. New 3 year lease in place, Expires 4/30/2022. $12,000 per month for 6,750 Sq. Ft. of space. Option to renew for 2 years.

Leasehold Rent:

$0 per annum

Lease Rent:
$0 per sq ft per annum
Location:

Southwest Coast of Florida

Premises Details:

6,750 Sq. Ft. of Space fully occupied by Restaurant, Deli & Catering Business. Parking substantial and there great signage on one of the busiest thoroughfares in the area. Lease $12,000 per month.

Size in square feet:
6,750

Business Operation

Expansion Potential:

Tremendous upside potential. Additional growth opportunities for Event Catering and Venue Management at the many new corporate facilities opening in the community. This operation is located in one of the fastest growing areas in the country.

Competition / Market:

Minimal competition for a restaurant that offers 3 businesses under one roof.

Reasons for selling:

Retirement

Trading hours:

Open 7:00 A.M. to 3:30 P.M., 6 days a week, Closed Sundays.

Employees:
16
Years established:
30+

Other Information

Support & training:

Owners will stay on for 14 days at no charge to a new owner, and are willing to stay on for an extended period of time subject to negotiating a fair compensation.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner will finance up to $245,000 @ 8% for a qualified buyer. He will discount the purchase price considerably for a cash buyer.

Furniture / Fixtures value:
$248,337 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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