Undisclosed Address Boone, IA 50036

Property Details for 0 Undisclosed Address

Property type

Commercial real estate

Description

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.

Location Insight

City

Boone

County

Boone

State

Iowa

Longitude

-91.5241

Latitude

42.204