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Corporate Cafeteria - 5 Days
Location: United States -> Pennsylvania -> Montgomery County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

This cafeteria/caterer serves just breakfast and lunch to a captive audience in a corporate environment. Located on the ground level surrounding office buildings, this place has been a mainstay since 1992 with 10 years under present ownership. Family needs force the sale of this well-established corporate cafeteria. The business offers catering, sit-down and delivery services to the business and surrounding community and also operates a new proprietary web-site, which has been a great asset to the company. Delivery accounts for 25 % of the business revenue with the remaining broker up between catering and sit-down services. The current owners (husband & wife) work part-time sharing the day to day responsibilities. This business presents a great opportunity for a husband and wife or family team and/or for someone with food experience that can appreciate the 5 day, no-weekend, no-holiday food service lifestyle. The business currently has a 5 year lease in place with 4 ½ years remaining. Included in the sale are business assets. A detailed list is available upon request.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $65,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $4,000
Seller Financing:  Yes

About The Business

Year Established:  1992
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  30 days to ensure a smooth transition.
Reason For Selling:  Family needs.




Print Listing Id: 70085918
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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 > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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