High End Quality Catering Business For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $620000
Net Profit / Cash Flow $57000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1989
Number of Employees 6 - 9
Inventory 60000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train for 1 month.
Reason for Sale Health, retirement, long commute.
Description Started in 1989, this established and profitable catering business serves the high-end customers who care about quality and healthy food. Its large and diverse client base includes national companies. All employees are cross-trained and food safety certified. Extremely well established and documented procedures are in place.
Seller states that the income is 100% verifiable through documents. Selling due to health issue, retirement and a long commute. According to the owner, a new owner with passion for food and willingness to aggressively market to the customers will be able to further grow the business. For 2014, annual gross sales are projected to be $620,000, adjusted net income is projected to be $57,000.
Asking $147,000. Motivated Seller - All offers considered. Seller Financing Available: $120k DP; Balance SCN for 24 months at 7% interest.
Call Satoshi Kanuma at 714-420-4097 for more details.
Click Here To Contact Seller
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