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#Business ID: 19436

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Profitable Catering Business in Louisiana

Business Location: Louisiana, United States

Asking Price: $ 1,898,000 Revenue: $ 2,525,179 Cash Flow: $ 1,041,948

[Inventory / Stock included]
[Real Estate Included]

Business Summary

Highly Profitable Catering business. Do not miss out on this an unbelievable buy. This company has been in business for 22 years. Their unbeatable customer service, quality products and attention to every detail keeps their customers coming back year after year. This business has profitable contracts in place. You get a variety of fabulous secret recipes and fabulous profits with this business.

Market Notes:
The world food service industry is expected to reach almost $992 billion in 2014, according to Data monitor, with a volume of over 586 billion transactions. This represents more than 18% growth in five years.
Michelle Seiler - Listing Broker
2223 1/2 Magazine Street, New Orleans, LA 70130

Telephone - (504) 525-1717
E-mail - [email protected]

Property Details

Years Established:

1990

Property Type:

Real

FF&E:

$ 12,000

Inventory Value:

$ 55,000

Real Estate Value:

$ 400,000

Other Business Details

Premise Details:

The building is in excellent condition with ample parking and equipped kitchen.

Expansion Potential:

Growth is expected in every sector of catering, and for the foreseeable future. A partial economic recovery has lead to a return to business-event driven spending and lavish personal events. In particular, on the business side, companies have resumed sending employees to conventions that bring a wealth of catering to the cities who host conventions. Overall, the future for catering looks brighter as customers warm up to more, bigger and fancier events.

Business Operation Details

Support & Training:

Seller will train new owner.

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
Seller financing is available.

Reason For Selling:

Selling due to health issues.

Contact this seller

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