businesses for sale


Large Caterer Looking for Equity or Sale for sale

Location: Cincinnati, Ohio

Category: Restaurants for sale

Asking price: $385,000.00

Description of the business for sale
Local catering/ food service organization with sales over $1.3 million is seeking an equity partner or a buyer to help their business grow and capture additional success. This is a profitable company with cash flow exceeding $100K that needs a partner with funds and talent to take the company to the next level. The current owners are willing to accept a combination of “sweat” and financial equity for the right candidate. This is a well established (over 10 years) caterer who performs off site catering, dining services, and has a mixture of exclusively operated and preferred status facilities. They have an excellent mixture of both corporate and social clients. They do have a facility that can handle a maximum of 300 guests and they have a niche in doing picnics and golf outings. They have prided themselves on excellent food and services, flexibility, and 75 years of combined experience in the hospitality industry.

REASONS FOR SELLING: Other business opportunities

Support / Training provided by seller
Seller will stay as long as necessary to ensure the success of the buyer.

Description of the facilities
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will consider financing part of sale
•Inventory: $3,000
•FF&E: $50,000

  • By phone: 513-321-7666
  • Ask for: Dan Long

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Business details

VR Business Brokers
Cincinnati, OH
Broker Co-op? contact us

Listing Id: 88101
Reference Id: 41420074
Year established: 1996
Employees: 15

Asking Price: $385,000.00
Revenue: $1,250,000.00
Annual Net: $140,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale