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The Oldest and Most Prestigious Palm Beach Caterer

Palm Beach County, FL

Seller Financing Available
The Oldest and Most Prestigious Palm Beach Caterer
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Asking Price: $212,000

Cash Flow: $75,000

Gross Revenue: $550,000

EBITDA: N/A

FF&E: $200,000

Inventory: $18,000

Established: 1985

The Oldest and Most Prestigious Palm Beach Caterer

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Business Description

Prestigious Palm Beach Caterer

Since 1985- This caterer has produced outside catering to some of the most prolific families, corporations and special events in Palm Beach County. The owner recently turned 80 years old and is looking for an easy transition. This turn-key business features: commissary kitchen, executive chef, front of the house and back of the house management along with (1) truck and (2 Vans). The 3800 sq ft facility has below market rent and over 200k in furniture, fixtures and equipment. This business is priced to sell! Please refer to listing number 6401-328491 and advisor Joshua Sagman when inquiring on this listing.

Detailed Information

Location:
Palm Beach County, FL
Inventory:
Included in asking price
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 3000 Square Footage: 3800 Building Type: Industrial Terms & Options: Long Term Lease Available Expiration Date: 2/1/2020
Financing:
Loan/Seller - Amt: 99,000 Mos: 36 Rate: 8.00 Mo Pmt: 3,102.30
Support & Training:
Seller will train for 2 weeks at no cost
Reason for Selling:
Retirement
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Joshua Sagman

Business Listed By:
Joshua Sagman

Transworld Business Brokers, LLC

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Sponsoring Broker:
Andrew Cagnetta

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