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For Sale: Polynesian Catering Service - Southern California


Current Status: Active     Posting #: 258018     Last Refreshed: 2/21/20    
Contact: Gary Hines At 714-585-9700  -  Also Email This Contact Below
Price:  $675,000     Down:  $135,000 SBA     Adjusted Net:  $323,000     Revenue:  $873,000    
Attributes:  Semi-Absentee Run, Lifestyle, Training & Support, Relocatable     Cooperation With Brokers?  Call

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  Description About This Posting: Polynesian Catering Service
Island Entertainment and Catering business. No Sunday events.

Established since 1970 providing corporate, community venues and private party events serving from 50-5000 attendees. Steady and continuous growth with with-profits at +/-37%. Currently, all business is either repeat or referral with Zero advertising or marketing dollars spent.

All income is documented and reported with all staff paid on W-2 as employees.

Fully Licensed- county health permit A rating. Pre-approved, certified & Insured for catering at many county and community venues. Has a professional kitchen (Riverside) at very attractive rent.

Currently does not do Sunday events.

Long-time staff including dancers, musicians, singers, and other entertainers, servers, and cooks. Impressive props that cannot be found at a local party store, fresh exotic floral arrangements.

2nd generation Seller may stay on as paid salesperson or consultant after initial training

A buyer with relevant experience should qualify for SBA financing as all income is clearly documented on 1120S tax returns

Longtime family owners ready to move on to new ventures and have priced to sell.

To get more information about this Polynesian Catering Service business for sale in Southern California please phone Gary Hines (Broker - BRE License #:01301334) at 714-585-9700 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #258018 on BizBen.com. In addition to phoning Gary Hines, make sure you email Gary Hines above to get more info about this Polynesian Catering Service, to ask any questions or request an appointment to see this business for sale. Thank you.

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