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Gourmet Take Out And Catering Business For Sale

New York, US
Asking Price:
$875,000
Sales Revenue:
$1,840,889
Cash Flow:
$341,397

LISTING ID # 35657

The business for sale is a gourmet take-out food and catering operation that has been in business for 15 years. It is open from 11:00-6:00 Monday-Friday and 11:00-5:00 on Saturday and Sunday. Located on a major highway leading into the heart of the Catskills, it has deli-type counter service offering restaurant-quality food at take-out prices. It has cafe seating, private conference room, bakery, office and a fully equipped kitchen, outdoor walk-ins and freezers. Also outside are sheds containing catering equipment and paper good to service the business. There is an employee parking lot behind the building as well as picnic tables for out door dining in summer. Catering accounts for 20% of sales with 80% in year round take-out. The name recognition and reputation is extensive in the greater Hudson Valley region is also helped by a cookbook that was reviewed in a major publication. A portion of the sales price can be financed through a local bank which has reviewed the current numbers. The staff, both kitchen and service are mostly long term employees committed to the success of the business. An amazing opportunity for an experienced talented chef/owner. For more information on this business contact the broker, Richard Swann at
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Property Information

Location:

Ulster County, New York

Business Operation

Reasons for selling:

Retirement

Employees:
17 FT
Years established:
30

Other Information

Support & training:

Seller will train

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

695,000.00 Down & Balance of $180k - terms negotiable

Furniture / Fixtures value:
$295,000
Inventory / Stock value:
$69,756