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Large Caterer Looking for Equity Partner or Sale for Sale in Cincinnati

Reference #: 41420074
Location: Cincinnati
Price: $385,000
Amount Down: $385,000
Revenues: $1,250,000
Discretionary Earnings: $140,000
Total Assets: $53,000
Business Description:

Local catering/ food service organization with sales over $1.3 million is seeking an equity partner or a buyer to help their business grow and capture additional success. This is a profitable company with cash flow exceeding $100K that needs a partner with funds and talent to take the company to the next level.  The current owners are willing to accept a combination of “sweat” and financial equity for the right candidate. This is a well established (over 10 years) caterer who performs off site catering, dining services, and has a mixture of exclusively operated and preferred status facilities.  They have an excellent mixture of both corporate and social clients.  They do have a facility that can handle a maximum of 300 guests and they have a niche in doing picnics and golf outings.   They have prided themselves on excellent food and services, flexibility, and 75 years of combined experience in the hospitality industry. 



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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.