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Business for Sale Summary

Gourmet Take Out and Catering Business For Sale - 35657

Business Type: delicatessen/catering services,misc. service/non-classifiable,other eating & drinking places,other personal services,restaurant/ cafes/ diners
Owner Financing
Gourmet Take Out and Catering Business For Sale
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Financial Information (non-confidential)

General Information
Asking Price $875,000 Down Payment $695,000
Gross Revenues $1,840,889 Lease Remaining Register Free to View
Owner’s Cash Flow $341,397 Number of FT Employees Register Free to View

Financing

$695,000 Down and Balance of $180k - terms negotiable

Business Description

The business for sale is a gourmet take-out food and catering operation that has been in business for 15 years. It is open from 11:00-6:00 Monday-Friday and 11:00-5:00 on Saturday and Sunday. Located on a major highway leading into the heart of the Catskills, it has deli-type counter service offering restaurant-quality food at take-out prices. It has cafe seating, private conference room, bakery, office and a fully equipped kitchen, outdoor walk-ins and freezers. Also outside are sheds containing catering equipment and paper good to service the business. There is an employee parking lot behind the building as well as picnic tables for out door dining in summer. Catering accounts for 20% of sales with 80% in year round take-out. The name recognition and reputation is extensive in the greater Hudson Valley region is also helped by a cookbook that was reviewed in a major publication. A portion of the sales price can be financed through a local bank which has reviewed the current numbers. The staff, both kitchen and service are mostly long term employees committed to the success of the business. An amazing opportunity for an experienced talented chef/owner. For more information on this business contact the broker, Richard Swann at 914-572-3145.

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