Listing Number: 51951-134079
Description
*** PRICE REDUCTION ***
This business is a leader in the catering industry, comprised of multiple divisions with recurring revenues and is poised for further growth in multiple areas in the hands of the right new owner. The business is brand-recognized with a well-established reputation and long-standing community presence. With over two decades in the industry, this business is in a prime location for easy access. The business has seen consistent growth in revenue year over year with many word-of-mouth referrals. A buyer could follow multiple avenues of growth to build off the foundation set by the current owner. The business has the proper infrastructure and organization make up to successfully operate without daily involvement of the owner.
Owner wil provide 10% owner financing for up to 5 years.
Listing Details
- Price: $ 2,795,000
- Down Payment: $2,515,500
- Sellers Discretionary Earnings: $ 696,000
- Total Sales: $ 4,600,000
- Location: Orange County, California
- Inventory: $ 57,000
- FF&E: $ 110,000
- Employees: 53
- Reason for Selling: Retirement
- Category: Restaurants
