Extremely Profitable Caterer & Banquet Facility for Sale

Business
  • Listing# : 17872
  • Listed Price : $899,000
  • Total Sales : $1,678,801
  • SIC : 5812
  • Down Payment : $89,900
  • Status : Active
  • Discretionary Earnings : $318,410

Business Type :

Restaurants / Banquet Hall/Caterer

Business Description :

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.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $5,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $10,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $15,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants