Profitable Catering Business - Fully Equipped - [City, State]

Featured on BusinessForSale.com . 58 viewed

Asking Price

$749,000

FOR SALE - ACTIVE

Detailed Information

Location

Monmouth County, New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

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

Established over 40 years ago, this catering business is highly profitable, with a net income of $250k or more achievable. The 5000 sq ft facility, in the same location for 35 years, is fully equipped for sales, food prep, refrigeration, deliveries, and staging. It can easily cater events for up to 1000 people, offering a range of services including tastings and sales. The business comes with a well-maintained fleet of vehicles and a loyal client list dating back over 40 years. With the capability to handle between 80 to 160 events annually, the majority of which exceed $10k in revenue, this business has the potential for steady growth. Specializing in weddings and bar mitzvahs (80% of events), as well as a variety of mixed events such as boat parties and art gallery functions (20%), the company boasts strong budgets and consistent income streams. The owner, who has relocated but is willing to

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