Listing #: 133-00066
Category: Food - Restaurant
  • Listed Price $ 350,000
  • Down Payment $ 0
  • Gross Sales $ 389,524
  • Total Income $ 141,795
  • Equipment/Fixtures$ 150,000
  • General Location Memphis
For more information contact:
Patrick Marsch Jr.
Office: (615) 450-0410
Cell: (615) 544-5380
Office Website

Award Winning Catering and Event Company

Catering business for sale. This business has won multiple awards for catering and events over the past twenty years. The owner is ready to retire and wants to sell his business to someone ready to take over a turn-key, very successful, well know catering company that is a powerhouse in the Memphis and surrounding market space. They own a banquet hall as well, which the owner is willing to sell or lease depending on which option the buyer would like. They are a one stop shop for weddings, banquets, corporate events and many other functions. Their stellar reputation and flexibility to create the perfect events is what has kept sales and profits high each year. This is an amazing opportunity for a buyer to purchase a top quality profitable business. Seller will stay on to transition and train a buyer. Please contact today for more information.

Financial Information

  • Gross Sales:$389,524
  • Total Income: $141,795
  • Listed Price:$350,000
  • Down Payment $0

Financing:

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $150,000
  • Base Rent: $2,440
  • Total Rent: $2,440
  • Rent Deposit: $0
  • Year Established: 1995
  • Square Feet: 3,000
  • Lease Ends: 2/2023
  • Lease Options:
  • Categories: Food - Restaurant
  • Other Assets:

Additional Information

  • Full-Time Employees:5
  • Part-Time Employees: 15
  • Contract Staff: 0
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  • Training Period: 4 Weeks
  • Special License Required:
  • Reason for Selling: Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.