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Financing: $400,000.00 Down and balance of $250k for 60 months @ 8% Reason for Selling:Retirement Discover this dynamic owner-operated mobile catering business, a ready-made cash cow! Boasting established recurring corporate clientele and private events, it operates on a lucrative per-head payment model for events up to 150 people, with some grossing over $10,000.
This business shows a verified annual profit of $175K-$200K with potential to increase earnings to $250K by optimizing labor costs. Operating mainly from April to December, it benefits from significantly reduced commercial kitchen rent—down from $2,700 to $600 for the prep kitchen—boosting cash flow further.
The insightful seller, planning to retire to Florida, is committed to ensuring a seamless transition, offering clear insights into the business operations. With projected bookings for 2024 between $400,000 and $450,000, 20% of which are already confirmed, this opportunity promises high-margin events and continued growth.
The part-time staff is willing to stay, ensuring a smooth handover. The seller is willing to accept the best reasonable offer! Priced for a quick sale, the business has experienced explosive growth this year. For more details or to express interest, contact listing broker Brian Bernstein at 929-969-0007
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |