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Business for Sale Summary

Food Education Facility for sale in Long Island - 32919

Business Type: educational services / schools,equipment rental and sales ,freight moving/delivery/storage/warehousing,membership organizations,other business services,other eating & drinking places,owner financing available,misc. service/non-classifiable
Owner Financing
Food Education Facility for sale in Long Island
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $400,000
Gross Revenues $297,000 Lease Remaining Register Free to View
Owner’s Cash Flow $238,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and Balance at 5% over 24 months

Business Description

Looking to invest in a food service business? Look no further than this unique opportunity to own a membership-based food service business that provides space for food entrepreneurs. This established business has been licensed through the Department of Agriculture, and all clients are required to maintain their own million-dollar insurance policy, ensuring safety and security for all. Located in a prime main street location, this business offers much more than just storage space. They also host cooking classes and TV shows, providing added value to members and increasing revenue potential. With monthly automatic renewals on credit cards, this business operates efficiently and predictably. Currently, the seller can handle 4-5 food clients per shift, with no Board of Health restrictions. And, with plenty of room to expand, the potential for growth is unlimited. This is a clean asset sale, and the seller is willing to share more information with the right buyer. Take advantage of this opportunity to own a food service business that is revolutionizing the industry. Contact us today at 877-735-5224 to learn more.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.