For Sale
$262,000

Undisclosed Address Boone, IA 50036

Established Catering Business, High Revenue

Overview

Added:
Dec 11, 2024
Days on market:
133
This thriving Central Iowa catering business, operating for over 10 years, is offered for sale at $262,000. Generating $295,818 in gross revenue and $103,427 in Seller's Discretionary Earnings (SDE), this reputable business boasts a strong reputation and a substantial booking pipeline often extending a year in advance. The sale includes $80,250 in furniture, fixtures, and equipment (FF&E). Seller financing of $26,200 is available. The business caters to a diverse clientele, including corporate events, weddings, and other celebrations, and benefits from a loyal customer base and minimal advertising costs. Located in Boone, IA (zip code 50036), this turnkey operation presents a unique opportunity for an individual seeking business ownership or an existing catering company looking to expand its market share. The seller is relocating, providing a seamless transition with four weeks of support and training. The business's success is attributed to consistently high-quality food and exceptional service, resulting in a consistently full schedule. Significant growth potential exists due to the expanding upscale residential developments in the area. While the real estate is not included in the asking price, it is available for separate purchase. This is a rare opportunity to acquire a well-established, profitable business with a proven track record and significant growth potential.

Highlights

  • Established Central Iowa catering business for sale for $262,000.
  • Gross revenue of $295,818 and Seller's Discretionary Earnings (SDE) of $103,427.
  • Includes $80,250 in furniture, fixtures, and equipment (FF&E).
  • Seller financing of $26,200 available.
  • Strong reputation with bookings often a year in advance.
  • Real estate available for separate purchase.

Property Details for 0 Undisclosed Address

Property type
Commercial real estate

Location Insight

City
Boone
County
Boone
State
Iowa
Latitude
42.2039801
Longitude
-91.5240539

FAQs

What type of property is this?
Commercial real estate - Established Catering Business, High Revenue
Where is the commercial real estate located?
The property is located at Undisclosed Address Boone, IA.
What is the asking price?
The asking price for this property is $262,000.
What are key features of this property?
This property features: Established Central Iowa catering business for sale for $262,000.; Gross revenue of $295,818 and Seller's Discretionary Earnings (SDE) of $103,427.; Includes $80,250 in furniture, fixtures, and equipment (FF&E).
How can I contact the broker?
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