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High-End Catering w/Restaurant

Wilmington, Delaware (New Castle County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price Not Disclosed Inventory $12,000+/-** 
Gross Income $1,086,448 Real Estate n/a** 
Cash Flow $202,235 Year Established 1978
FF&E $281,469* Employees 15-20

* included in the asking price

** not included in the asking price

MOTIVATED SELLER!!! BRING OFFERS!!! A 28-year history of strong sales, consistent growth and an impeccable reputation from this well-known, high-end caterer. Situated in a well-accented facility with a professional kitchen, also serving lunch, in the heart of Wilmington's Central Business District. Timing is right for a new owner-operator to take this business to the next level. A strong marketing program is already in place including an award-winning web site, a recognizable advertising jingle, and a well-managed radio and print campaign. Excellent computer infrastructure and extensive catering equipment included in sale. FINANCIALS OR SPECIFIC LOCATION NOT PROVIDED WITHOUT THE RETURN OF BROKER'S CONFIDENTILAITY AGREEMENT AND BUYER'S AVAILABLE CASH TO PURCHASE THIS BUSINESS.

Attachments: Download additional information (PDF)

Facilities: 4,769 square feet, ground level of a Class A office building in the heart of the Central Business District with tons of walking traffic. Current rent is $5,833/month and INCLUDES ALL NETS AND ALL ELECTRIC(Electric estimated as high as $3,000/month).

Competition: Normal competition exists for the daytime lunch business, however, the catering portion of this business has an impeccable reputation and a 28 year history of strong earning and high profits.

Growth/Expansion: This business is perfectly situated for a talented chef-owner to take to the next level. A new aggressive owner could capatilize on this business' strong reputation in the market place.

Financing: Possible for qualified buyer

Support/Training: Seller will train buyer for an adequate period of time

Reason Selling: Owner Retiring

AD # 319639

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