PRICE LOWERED! Reason for Sale: No more ownership responsibility. A multi-location catering & banquet company is for sale. Established since 2010 as full-service catering and/or venue only + corporate & home delivery. The West Broward location caters to a 55+ and older community. The seller runs the restaurant and events in the community. Large corporate clients include hospitals, law firms, & more. The 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 deals on the lease. No rent in the West Broward facility and Davie location $2,500/month in rent.
- Asking Price:
- $699,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,546,322
- Cash Flow:
- $228,539
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
No rent in the West Broward facility and Davie location $2,500/month in rent.
- Leasehold Rent:
-
$2,500 per annum
- Location:
-
2 locations
Business Operation
- Reasons for selling:
-
No more ownership
- Employees:
- 21
- Years established:
- 15
Other Information
- Support & training:
-
4 weeks no cost
- Financing available:
-
SBA BANK PREQUALIFIED $699,000 with $69,900 down
- Furniture / Fixtures value:
- $10,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
