MergerPlace

Specialty Caterer in High-End Travel

California (Alameda)


  • Asking Price: $1,600,000
  • Gross Income: $1,816,963
  • Cash Flow: $486,558
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206148
  • Established: 2005
  • Employees: 19

Business Description

This well established SPECIALTY caterer has been providing quality meals to the high-end travel industry for over 15 years. The sector they operate in has a uniquely high barrier to entry. This is NOT a traditional events caterer; Does not do weddings or events. Sticky blue chip clientele with no client concentration. Pre-approved for 75% SBA financing, plus Owner financing $200,000. SDE in 2017 is $486k with $1.8M in sales. Key employees handle the day to day operations allowing the owner to step back into a more strategic planning role. In addition to the retention of key employees, the owner is willing to stay on for an extended training/transition period to ensure a successful change of ownership. The business model can be duplicated in similar geographic/demographic areas for future growth and expansion. The company is ripe for acquisition by existing industry operator, or passionate individual with professional sales and management background.


Please refer to Listing ID - SF1092 when inquiring about this advert.

Call us at: 415.227.4411 X301 or 415.930.4013
Email us at: Francisco@business-team.com


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: California
County: Alameda

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 19

Financial Information

Asking Price: $1,600,000
Gross Revenue: $1,816,963
Cash Flow: $486,558
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

Support & Training:

4 Weeks, 20 Hours Per Week

Contact Business Seller

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Business Listed By:

Francisco S.

Business Team