Mediterranean Restaurant & Catering Company
Location:
United States
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Michigan
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Oakland County
Industry: Food and Beverage > Catering Services
Business Summary
This business is a restaurant that serves Mediterranean American cuisine to dining room patrons and caters a wide variety of foods and cuisines to catering clients. The lunch catering menu includes basic American, Mexican, Greek, Middle-Eastern and Italian selections. Approximately two-thirds of their revenues are derived from their repeat catering business. The restaurant seats up to 95 diners. Catered lunches are prepared daily and delivered to a wide variety of professional groups, clubs and organizations on a regular basis all over southeast Michigan. The kitchen is well-equipped, functional and lined entirely with stainless-steel. There is plenty of available refrigerator and freezer space. Revenues have been consistently strong. This opportunity is ideal for an owner-operator with some food service experience that is not looking to work nights as is commonly required of traditional bars and restaurants. Financing is available for qualified buyers with a minimum of $50,000 down.
Financials
Asking Price Range: < $250K
Gross Revenues:
$552,958
Cash Flow:
$92,116
Cash Flow Type: Sellers Discretionary Cash
Inventory: $88,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2004
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: As needed.
Reason For Selling: Owner moving out of country.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Catering Services business for sale.
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Print Listing Id: 70082087
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