Profitable Catering Company with Management in Place
Own this profitable and thriving enterprise as an absentee owner and earn $360,000 in annual profits! Sales have been growing over the past several years with Seller Discretionary Earnings of over $460,000 in 2016. The Seller is willing to stay on and continue to manage the business for the new owner, if desired, for a salary of $95,000 which translates into over $360,000 profit for a new absentee or semi-absentee owner. This business has many repeat clients and an outstanding reputation. Multiple events have already been secured and scheduled up to a year in advance. The business has special access to high-end venues that are difficult to secure. Operates using an established, efficient facility in North San Diego County with a full kitchen, warehouse, and office space. Operated by a highly trained, full service staff in all departments. Prequalified for an SBA loan; Seller financing is also available. Call Chris at 858-254-9985 for more information.
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.