Profitable Catering Business Opportunity

Listing Number: 64646-658212

Description

Excellent and Professional Catering business with real estate available in the suburbs of Philadelphia. With over 30 years of experience, this well staffed and managed opportunity prides itself on customer service, excellent food, and going that extra mile. Gross Sales surpassing $2,000,000 in 2022 and forecasted to achieve similar success in 2023. A strong reputation follows this catering business allowing it to be the exclusive caterer for a well known location in the suburbs of Philadelphia. Event coverage from North New Jersey to central Maryland, with key focus on the Main Line of Philadelphia, Bucks County, Delaware County, Montgomery County, Philadelphia County, and Chester County. Industry publications have nominated them "Best Of" multiple times over the years. Previous catering functions have included over 3,000 guests on board the aircraft carrier JFK, College Alumni events, Political events, and many more high-profile events over the years. The main kitchen is situated in a well organized 3,100 sq. ft. location in conjunction with the Sales and Operations staff. Real estate is available to be purchased for $850,000, or a lease option can be discussed. There is also a lease for 5,000 sq. ft at a cost of $6,000 per month for the exclusive venue. For more information, please contact Doug at 484-832-7539 dmilana@tworld.com or Gina at 484-832-5153 gmilana@tworld.com

Listing Details

• Price: $490,000
• Down Payment: $490,000
• Sellers Discretionary Earnings: $106,176
• Total Sales: $2,340,046
• Location: Chester County, Pennsylvania


• Inventory: $4,000
• FF&E: $114,005
• Employees: 41
• Year Established: 1991
• Reason for Selling: Retirement
• Category: Restaurants