Fort Lauderdale, Broward County, Florida, United States
Asking Price$699k
Revenue$1.55m
EBITDA-
Cash Flow$229k
Description
PRICE LOWERED! Reason For Sale: No more ownership responsibility. Multi location Catering & Banquet company for sale. Established since 2010 as full-service catering and/or venue only + corporate & home delivery. West Broward location caters to a 55+ and older community. Seller runs the restaurant / events in the community. Large corporate clients include hospitals/ law firms & more. Second location in Davie handles event rental & catering. In 2022 revenue finished at 1.5+ million with an owner benefit of 228k.Great books & records. Visa qualified with W2 employees. 2023/2022/2021 tax return on file. Sweetheart deal on the lease. No rent in the West Broward facility and Davie location $2,500/month in rent. SBA BANK PREQUALIFIED $699,000 with $69,900 down
Real Estate
Rent is $250,000 per month
Building Size: 7200 sq. ft.
Furniture Fixtures & Equipment
$10k
Inventory
$5kIncluded in Asking Price
Number of EmployeesFull-Time: 21
Year Established
2009
Reason Selling
No more ownership
Facilities & Assets
Two Broward locations
Support & Training
4 weeks no cost
Asking Price$699k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.