Established Catering Business, 40+ Years, FL

Featured on BizBuySell.com . 2 viewed

Asking Price

$749,000

FOR SALE - ACTIVE

Detailed Information

Location

Monmouth County, NJ

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

For sale is an established catering business with over 40 years of operation, generating a net income of over $250k annually. The business is located in a 5000 square foot facility, equipped for sales, food prep, refrigeration, deliveries, and tastings, with the ability to cater for up to 1000 guests at events. The client list is long-standing, with the capacity to handle 80-160 events yearly, mostly weddings and bar mitzvahs. The facility is fully equipped with vehicles, kitchen appliances, and experienced staff to support event operations smoothly. The owner, who has relocated to Florida, achieved sales of around $1.2m in 2023, with potential for higher revenues based on strategic planning. The business earns commissions from rental referrals and external sales partnerships, enhancing its revenue streams. The owner is willing to provide training and support to the buyer as needed. This turnkey catering business, with a solid reputation and impressive clientele, is prim

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Listed By:

Name : Nicholas Dinardo

Phone Number : Show Phone number

Nicholas Dinardo typically replies in about 7 minutes

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