Details - Information last confirmed on January 28, 2021
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.
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