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Highly profitable catering/deli business with excellent cash flow!

Fairmont, Minnesota (Martin County)

Retail - Other Eating & Drinking Places | Retail - Other Food Stores

Asking Price $225,000 Inventory  
Gross Income $412,519 Real Estate $400,000** 
Cash Flow Not Disclosed Year Established 1989
FF&E N/A Employees 9

* included in the asking price

** not included in the asking price

Great business for sale

Excellent opportunity to own an established, highly profitable catering/deli business with a great reputation for high quality product and exceptional service. Sale includes, equipment, business opportunity and trade name. Real estate can also be purchased or leased. Inventory is included at an additional price. High capacity kitchen/food prep area offers excellent growth potential. Business currently has established commercial accounts which give immediate cash flow. Owner is retiring but will train and assist in the transition of the business. Real estate includes additional office space and a 3 BR, 2 bath upper level apartment that are rented for additional income. This business is a winner!

Attachments: Download additional information (DOC)

Facilities: Solid block building with brick fascia, 10500 sq. ft. on main level. 8274 sq. ft. is utilized by catering/deli business and additional space is office space that is rented for additional income. Building also includes a 3 BR, 2 bath upper level apartment (2226 sq. ft) that is rented. Hot water natural gas heat plus hanging gas heaters in food production area. Wired 3 phase. Garage accomodates 3 business vehicles, asphalt offstreet parking.

Competition: This is a highly profitable catering/deli business that has been in operation for 18 years. The business has a reputation for high-quality product and excellent service. The business currently has a number of regular commercial accounts (schools, manufacturer's cafeterias, grocery stores) plus an established special occasion business. Due to the large capacity of the kitchen and prep area, this catering business is able to handle large-scale food service (having served as many as 2600 people at 8 locations in one day!)

Growth/Expansion: There is excellent growth opportunity for this business, as more people are turning to catering for their special events due to busy schedules. The large kitchen also lends itself to preparation of specialty products for sale to other retail establishments and route/home delivery sales.

Financing: Can lease or buy facilty from seller.

Support/Training: Seller is willing to train new owner and assist in the transition of the business. Seller may provide some financing.

Reason Selling: Retirement

AD # 291305

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