Established Event Caterer

Morris County, NJ

Off-site Catering & Special Events Business
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Asking Price: $450,000

Cash Flow: $273,000

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Rent: $3,200 /Month

Established: 1991

Established Event Caterer

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Business Description

Well respected and sought-after off-premise Catering & Special Event Business. Twenty five years of loyal clients and their referrals have created a stable entity handling corporate affairs, weddings, bar/bat mitzvahs, christenings, commercial & social experiences, celebrations, land-mark events and occasions. Many long-standing and great relationships with numerous hosting venues. Terrific service, value and trusted reliability are hallmarks honed over two decades of relationship building with regular clients as well as single-event clients. They maintain an excellent staff of experienced employees who will help insure stability.

Detailed Information

Real Estate:
Leased
Building SF:
3,150
Lease Expiration:
8/31/2023
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
commercial kitchen, office and planning space
Support & Training:
Owners are committed to a smooth transition and wish to maintain their stellar reputation. "Outside" partner will stay-on through major bookings to insure continuity and completion.
Reason for Selling:
retirement, owner's health
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Lewis Rafel

Business Listed By:
Lewis Rafel

GARDEN STATE BUSINESS BROKERS (div Lew Raf LLC)

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