Corporate Cafeteria - 5 Days
Location Pennsylvania,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Inventory 4000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 30 days to ensure a smooth transition.
Reason for Sale Family needs.
Description 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 « years remaining. Included in the sale are business assets. A detailed list is available upon request.
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