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  • Listing No.: 109-10372

  • Category: Food - Restaurant

Asking Price $1,200,000
Down Payment $1,200,000
Gross Revenue $2,301,886
Total Adjusted Net Income $357,347
Equipment/Fixtures $100,000
Year Established 1989
General Location
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Very lucrative boutique catering company for sale in South Florida. Perfect fit for another catering company wishing to expand or an entrepreneurial minded individual experienced in the food service industry who can take the company to the next level. Huge runway for growth by having off-premises location, expanding staff, and launching marketing initiatives (the business has never done marketing and presently turns away business). Business caters about 250 events per year, mostly comprising private parties and functions of 50-150 people. Very seasonal so buyer can take part of the summer off! Located in spacious 4500 sq facility with fully equipped kitchen, storage areas, and office suites. Dedicated and long-standing staff includes kitchen crew along with managers/sales people and as many as 60 as-needed servers and bartenders who help serve the events. Same owner is retiring after 28 years. Margins can be greatly expanded by cutting overhead and streamlining the operations. Events for the season typically booked a couple months in advance. Great financials and owner will effectuate a very smooth transition. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.

Gross Revenue $2,301,886 Listed Price $1,200,000
Total Income $357,347 Down Payment $1,200,000
Base Rent $0 Square Feet 4500
Total Rent $7,000 Lease Expiration 2/2020
Rent Deposit $0 Lease Options two years
Inventory $25,000 Leasehold Improvements $100,000
Equipment/ Fixtures $100,000 Other Assets
Full-Time Employees 16 Training Period 30 days
Part-Time Employees 60 Special License Required liquor license
Contract Staff 0 Reason for Selling semi-retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.