28 Year History Catering/Retail with Outstanding Reputation

Mount Pleasant, SC (Charleston County)

Seller Financing Available
28 Year History Catering/Retail with Outstanding Reputation

Asking Price:$139,900

Cash Flow:$75,000

Gross Revenue:$400,000

EBITDA:$75,000

FF&E:$50,000

Inventory:$20,000*

Established:1989

*not included in asking price.

28 Year History Catering/Retail with Outstanding Reputation

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Business Description

28 Year Profitable Neighborhood Mainstay Business

Location, Location, Location! Don't let his opportunity pass you by to own a 26 year established profitable business in the heart of Mt. Pleasant with a great income! Great chance to own a well-established catering company with a café front selling prepared foods, wine, and dine-in menu items in an incredible location. Open for breakfast and lunch with 80% sales from catering side.

Huge potential upside for expansion on the café and catering sides. Seller currently does not even market the business! It is all word of mouth; no social media, no mailers, and no newspapers, etc. Currently has significant business catering accounts. Huge potential expansion possibilities into weddings, events, etc. This business is already doing very well with so many untapped opportunities for growth!

Call Brian for more details at 843-830-6953.

Detailed Information

Inventory:
Not included in asking price
Employees:
2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In established shopping center with good visibility and parking in the bustling restaurant and retail area of Mount Pleasant. Close to downtown, 526, Sullivan's Island.
Growth & Expansion:
Business could have a wine bar area. Currently the bar area is not being used as a bar. Wine tastings in the evenings or weekends would be a nice addition and would bring more sales. Gift basket options for a quick grab and go gift item would be another great revenue source. Café could be updated to look a little more modern if new owner desired. Opening for dinner would be an additional revenue source for a new owner.
Financing:
Negotiable
Support & Training:
Owner is willing to stay and train new owner to insure a smooth transition.
Reason for Selling:
Retirement

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Brian Wolverton

Business Listed By:
Brian Wolverton

Transworld Business Advisors of Charleston,SC

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