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For Sale: Food Service Industry Company - Monterey County

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Current Status: In Escrow     Posting #: 248158     Last Refreshed: 9/4/19     BRE License #: 01841628    
Contact: Rex Walters CBB At 831-239-2080  -  Also Email This Contact Below
Price:  $5,300,000     Down:  TBD     Adjusted Net:  $1,400,000     Revenue:  $13,700,000    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Monterey County Food Service Industry Company Business For Sale Food Service Industry Company Company For Sale

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For Best Results & Response, Email & Phone This Contact: Rex Walters CBB at 831-239-2080.

  Description About This Posting: Food Service Industry Company
CURRENTLY IN ESCROW. BACK UP OFFERS ACCEPTED.

Description:
If your dream is to invest in a food service-related business in the beautiful Monterey Bay area, complete with surf, mountains, beaches, wineries, and redwoods, then this may be what you and your investors are looking for. Available is a well oiled lower mid-market food services business with three individual, extremely well established profit centers, each individually run with all managers in place. Your job would be to 'manage the managers,' oversee strategic planning and strategic HR functions, and ensuring that your managers have the tools they need to continue to provide excellent customer service and generate profits.

At the investment level, this enterprise provides an EBITDA of approx. $1.4M annually, or an ROI of about 28% on an investment of $5.3M on gross revenues of $13.7M annually.

Asking Price: $5,300,000 including $225K inventory
Terms: SBA pending and some seller financing possible
Inventory: Approx. $225K at cost
SDE/EBITDA: $1,400,000. 3-yr weighted average
Gross: $13,700,000. 3-yr weighted average
Leases: Negotiate new with owner/landlord.

To get more information about this Food Service Industry Company business for sale in Monterey County please phone Rex Walters CBB (Broker - BRE License #:01841628) at 831-239-2080 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #248158 on BizBen.com. In addition to phoning Rex Walters CBB, make sure you email Rex Walters CBB above to get more info about this Food Service Industry Company, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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