Bay Business Brokers - Bay Business Advisors - Company Overview - Richard Stopa and Bill Assaad
Bay Business Brokers - Richard Stopa - Reston Virginia, Washington DC Metro area, Northern Virginia -  Furniture Business for Sale

   
   
   
   
   
         
     

SOLD!

Corporate Event and Wedding Caterer

Congratulations to the Seller and New Owner of this Business!

For more business opportunities, contact Richard Stopa at 703.476.3996.

Business Details

Financials

Listing ID: 1373

Asking Price:  $375,000

Listing Title: Corporate Event and                               Wedding Caterer

Gross Revenue: $554,268

Business Type:  Service

Seller Discretionary

Earnings :        $71,000

Location:  Northern Virginia

Down Payment:  Negotiable
Year Established:  1992

Market Value of Equipment                    (fixtures and

computer equipment):  $118,000

Year Acquired:  1992

Inventory: $5,000

Employees:  2 FT, 3+PT

Value of Seller Financing:  TBD

Real Estate: 1500 square feet

                     (2012, 3 year option)

Leasehold Improvements: $194,000

Reason for Sale:  Owner wishes to retire

Mgmt Training/Support:  Yes, current owner will train new owner

 

Be part of the Washington entertainment scene with this unique business opportunity. Well known and highly desirable caterer for weddings, corporate events and special social occasions. This business has built a reputation in the Greater Washington DC area for innovative menus and elegant style. Over $200,000 in committed business in 2008 already; total 2008 revenue projected to reach at least $750,000.

Owners have consciously nurtured corporate business accounts to balance business throughout the year. All aspects of business continue to grow through direct marketing and through referrals from pleased clients. Professional, contemporary website showcases business beautifully.

 

While some tasks are delegated to contractors, the food and presentation is completely overseen by the current owner who will share recipes and expertise with the new owners.

 

Owner is also available to work with new owners during transition, as well as provide technical support with custom event manager software program which provides invoicing, sales reports and proposal support.

 

Richard Stopa of Bay Business Brokers welcomes your inquiries about this business, or other businesses we have listed for sale. Our goal is to match a well-qualified buyer with the right business.

To learn more about this business, please download, complete and sign the Confidentiality Agreement and Confidential Purchaser Profile and fax (703.935.4764) or mail to our office.

Bay Business Brokers - Confidentiality Agreement Download Confidentiality Agreement

Bay Business Brokers - Blind Profile - BBB1365 Fine Home Furniture Retail Business Download Printable Business Profile

   

 

Questions? Comments? Need more information? Please contact our office at 703.476.3996 or info@BayBusinessBrokers.com.

We look forward to hearing from you and working together.

 

Disclaimer: The information contained in this Profile has been supplied by the seller.  Bay Business Advisors, L.L.C. dba Bay Business Brokers has not audited or otherwise confirmed this information and makes no representations, expressed or implied, as to its accuracy or completeness or the conclusions to be drawn and shall in no way be responsible for the content, accuracy, and truthfulness of such information.  Please be advised the term “Business for Sale”, in  all variations, refers to the sale of the assets of the business, and is not to be interpeted as the  sale of the stock of the business.

January, 2007

Company Overview   |  Small Business Brokerage Services  |  M&A Advisory Services  |  Resources  |  Testimonials
© Copyright 2006-2008 Bay Business Brokers LLC. Reston, Virginia All rights reserved.    Privacy  |  Contact Us