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Award Winning Catering & Event Company
Location: United States -> Tennessee -> Memphis
Industry: Food and Beverage > Catering Services




Business Summary

Listed Price $ 429,000
Down Payment $ 400,000
Gross Sales $ 491,221
Total Income $ 177,859
Equipment/Fixtures$ 150,000
General Location Memphis, TN

Catering business for sale. This business has won multiple awards for catering and events over the past twenty years. The owner is ready to retire and wants to sell his business to someone ready to take over a turn-key, very successful, well know catering company that is a powerhouse in the Memphis and surrounding market space. They own a banquet hall as well, which the owner is willing to sell or lease depending on which option the buyer would like.

They are a one stop shop for weddings, banquets, corporate events and many other functions. Their stellar reputation and flexibility to create the perfect events is what has kept sales and profits high each year. This is an amazing opportunity for a buyer to purchase a top quality profitable business. Seller will stay on to transition and train a buyer. Please contact today for more information. This listing is priced to sell and will not stay on the market very long.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $491,221
Cash Flow:   $177,859
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retiring

Photos

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Award Winning Catering & Event Company Photo 1




Print Listing Id: 700271910
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Tennessee Businesses For Sale > Tennessee Franchises For Sale > Tennessee Business Brokers



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