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Broker Contact Information |
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Gourmet Shop & Catering | Listing ID: 20266 |
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| Asking Price: |
$500,000 |
Status: |
Active |
| Business Type: |
Other Food and Beverage Business |
Reference #: |
F665 |
| Business Location: |
Florida |
Broker Coop: |
No |
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Palm Beach County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,351,000 |
Full-Time Employee: |
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| Cash Flow: |
$123,000 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
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| Year Established: |
1985 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
2008 |
Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
Yes |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
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Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
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Price Description |
Financial Information |
| Real Estate Included: |
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Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$170,000 |
Seller Financing Term(years): |
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| Inventory Included: |
No |
Annual Interest Rate: |
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| Inventory Value: |
$10,000 |
Min. Down Requested: |
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Business Description |
Long established and well known Gourmet Shop & Catering business in one of the 25 wealthiest towns in the nation! Provides gourmet food and catering to the "Who's Who" of society. This is a very rare and unique opportunity to own a business that is buffered from economic downturns because the wealthy have money and will continue to spend it. The business can easily be grown by expanding the catering operation. The owners will provide a smooth transition of ownership and their sought after food receipies will keep customers lining up to purchase the gourmet delicacies! Excellent books and records. There are two locations; the retail gourmet shop and a second location for production, primarily for the catering. If desired, the production location can operate in a smaller space, with an expense saving of approximately $36,000 per year. The owners will split the business, if desired, and sell the gourmet retail store, or catering, individually. No Brokers please. |
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