Great Catering Business For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1100000
Net Profit / Cash Flow $195400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Other business interests.
Description This fifteen-year old well-established catering business for sale is located in the industrial hub in Brooklyn. The business has around thirty house accounts, which consist of public schools, charitable and non-profitable organizations. The business supplies breakfasts and lunches to these concerns. The working hours are 5 a.m. to 2 p.m. Monday through Friday, with Saturday and Sunday off. The net cash flow, after deducting all the expenses, is $195,000 a year. It is an owner absentee business: he just spends one hour a day to supervise the business. The owner is willing to finance, as well. Don't pass up this great business opportunity to buy a catering business in which the working hours are limited, with a guaranteed cash flow of around $200,000 a year, and the business just needs an hour a day to supervise it!
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