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Extremely Profitable Caterer & Banquet Facility For Sale

Broward County, Florida, US
Asking Price:
$899,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,678,801
Cash Flow:
$318,410

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.

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