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Asking Price$249,900
Revenue$557,428 Established1970
Cash Flow$100,705 Employees10 full-time
FF&E$75,000* FranchiseNo
Inventory$6,000* RelocatableNo
Real Estate$300,000 Home-basedNo
* Included in Asking Price
Highly profitable Catering, Walk-In Deli and carry out in the growing institutional food service space.  Proven over 50 years with potential pseudo absentee ownership with well trained staff/management in place.  Great 7,200 SF facility for sale or lease and exclusive arrangements with a 6,000 SF special events hall for weddings, etc.  Possible seller financing for a portion of the purchase price if seller approved.  

Voted #1 caterer in this large county surrounded by 3 major metropolitan cities including a major university athletic training facility.  Recipient of the county's outreach award.  Largest deli and caterer in this area of the state and a prominent provider to area corporate entities.  Recipes are very valuable and go with the sale including being famous for numerous dishes, land is .57 acres, 2 story building with 3 apartments up and garage in back is 7,200 SF on a highly visible major thoroughfare with ample parking available for lease or for sale for $300,000.  Rent alone is $15,300/year.  

Gross sales of $557,428, Seller discretionary cash flow of $100,705.  Furniture, fixtures, equipment of $75,000 includes freezer, one walk-in cooler, 8 bay hot cart, flat hot cart, pizza prep table, 3 blower ovens, 6 burner gas range, chargrill, 2 basket fryer, 20 and 8 gallon steam kettles, 2 cabinet steamer and 2 stand up steamers.  Extensive seller training may be arranged.  Valuable recipes.  

Seller may consider financing 50% of business sell price if approved.  Very valuable exclusive rights to use a 6,000 SF special event hall.  If you have been looking for a turnkey, possible pseudo absentee caterer and deli with great name, reputation, customer base, training, recipes with lease or real estate purchase potential in a prominent, industry leading Northeast Ohio location, check this one out.

The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

Required Licenses: Business, Health
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Retirement
Ad #124043
Seller Reference #NORTHOH001-N352
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Jeffrey Bury
(330) 268-4146
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