Reason For Sale: No more ownership responsibility. Multi location Catering & Banquet company for sale. Established since 2010 as full service catering & or venue only + corporate & home delivery. West Broward location caters to a 55+ and older community. Seller runs the restaurant / events in the community. Large corporate clients include hospitals/ law firms & more. Second location in Davie handles event rental & catering. In 2022 revenue finished at 1.67 million with an owner benefit of 295k.Great books & records. Visa qualified with W2 employees. 2022/2021 tax return on file. Sweetheart deal on the lease. No rent in the West Broward facility and Davie location $2,500/month in rent.
- Asking Price:
- $899,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,678,801
- Cash Flow:
- $318,410
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
West Broward Rent $0- Lease expires 2/1/2024. East Davie Facility $2,500/month.
Business Operation
- Reasons for selling:
-
No more ownership responsibility.
- Trading hours:
-
Monday-Sunday
- Employees:
- 11 FT/10 PT
- Years established:
- 14
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $89,900 down.
- Furniture / Fixtures value:
- $10,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price