MergerPlace

The Oldest Palm Beach Caterer

Florida (Palm Beach)


  • Asking Price: $399,000
  • Gross Income: $550,000
  • Cash Flow: $75,000
  • Real Estate: Not Disclosed
  • Inventory: $18,000
  • FF&E: $200,000
  • Listing ID: #211799
  • Established: 1985
  • Employees: Emp FT: 3 Emp PT: 12 Mgrs: 2

Business Description

Since 1985- This caterer has produced outside catering to some of the most prolific families, corporations and special events in Palm Beach County. The owner recently turned 80 years old and is looking for an easy transition. This turn-key business features: commissary kitchen, executive chef, front of the house and back of the house management along with (1) truck and (2 Vans). The 3800 sq ft facility has below market rent and over 200k in furniture, fixtures and equipment. This business is priced to sell! Please refer to listing number 6401-328491 and advisor Joshua Sagman when inquiring on this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: Emp FT: 3 Emp PT: 12 Mgrs: 2

Financial Information

Asking Price: $399,000
Gross Revenue: $550,000
Cash Flow: $75,000
FF&E: $200,000
Inventory: $18,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 3000 Square Footage: 3800 Building Type: Industrial Terms & Options: Long Term Lease Available Expiration Date: 2/1/2020

Reason for selling:

Retirement

Support & Training:

Seller will train for 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Joshua Sagman

Transworld Business Brokers