Caterer for Sale in Nassau County, NY - 31990 Business Type: seller financing available,catering and event planning
Acted as the Advisor to the Deal
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $400,000 | Down Payment | $400,000 |
Gross Revenues | $1,000,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $200,000 | Number of FT Employees | Register Free to View |
Financing
$400,000 Down and
Business Description
Well established (40 years) Gourmet NYC/Long Island/
Hampton's caterer. Corporate events, staffed parties,
Black Tie, private events. Extensive event experience with
professionally trained event managers, bartenders,
servers, chefs, etc. Breakfast, lunch and elegant dinner
buffets with exceptional food. Themed buffets -Mexican,
Country Style, Italian, Texas, Mediterranean, Napa, Tuscan etc.
Sandwich wrap buffets, salad buffets, and cocktail parties.
Gala catering menu. Works with all premier tent, chair,
table, linen companies. Indoors or outdoors. All services
provided. Big drop off and delivery business. Many
corporate repeat clients and event and party planner
referrals. Has full time sales person. Servicing NJ, CT
and Westchester as well. Full liquor license for spot premises
events. State of the art commercial kitchen with trained
chefs. Over 60 % of revenue is corporate catering including
meeting and conferences, employee recognition events,
market weeks, and products launches etc. Includes well
known hospital groups and nationally known corporations
Offsite catering. Business has large state of the art
commercial kitchen with professionally trained chefs
and cook staff. Long lease available. Three vehicles
included in sale. Owner will keep his accounts receivables.
Big opportunity for a buyer to build the business. Owner
wishes to retire and will provide training and transition
to the buyer. Proof of funds and prior background in
catering or food service is required for a meeting with
the owner. 2020 Revenue is expected to be close to $700,000 with net income to the owners of $139,000.
The facilities are also being offered as a " Ghost Kitchen"; a production facility for existing venues or caterers, etc.
Contact broker Joseph Stansky for more
details.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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