Catering Company $1.25 Mil Sales And Growing
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $1250000
Net Profit / Cash Flow $140000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 10 - 19
Inventory 53000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes, plenty of support.
Reason for Sale Other business opportunity.
Description Local catering/ food service organization with sales over $1.3 million is seeking an equity partner or a buyer to help their business grow and capture additional success. This is a profitable company with cash flow exceeding $100K that needs a partner with funds and talent to take the company to the next level. The current owners are willing to accept a combination of "sweat" and financial equity for the right candidate. This is a well established (over 10 years) caterer who performs off site catering, dining services, and has a mixture of exclusively operated and preferred status facilities. They have an excellent mixture of both corporate and social clients. They do have a facility that can handle a maximum of 300 guests and they have a niche in doing picnics and golf outings. They have prided themselves on excellent food and services, flexibility, and 75 years of combined experience in the hospitality industry. Call Dan Long at 513-321-7666. Asking price is $385,000.
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