Established Off-Premise Catering Business with Liquor License in Las Vegas
Financial Details
- Asking Price:
- $500,000
- Annual Revenue:
- $2,572,419
- Cash Flow / SDE:
- $464,675
- Profit Metric:
- Adjusted Net Profit
- Valuation Multiple:
- 1.1x
- Location:
- Las Vegas, NV, US
- Source:
- Date:
- September 23, 2025
Key Highlights
Description
This is a well-established, 15-year-old off-premise catering business located in Las Vegas, Nevada. The company specializes in providing catering services for both corporate events (60% of revenue, recurring) and private home events (40% of revenue). It boasts a fully built-out kitchen and corporate office space. The business has received the 'Caterer of The Year' award and is recognized as the largest caterer in the area. A significant asset is its unique off-site liquor license, one of only four permanent licenses in the state allowing service at off-site locations. The seller has prepared the business for sale with CPA assistance, ensuring all necessary documents are ready for due diligence. Employees are expected to stay on with the new owner, and the owner will provide training for a smooth transition. The asking price is notably below a recent third-party valuation of over $1.4 million, presenting a significant opportunity for buyers.
Industry Information
- Industry Description:
- Off-Premise Catering Business
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2005
Real Estate & Lease
- Status:
- Not_included
Assets & Inventory
- FF&E Value:
- $250,000 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Ciro 'Vic' Coppola
- Company:
- First Choice Business Brokers
- Phone:
- (702) 368-2500
Listing Details
- Listing ID:
- 62548f80-956d-4cc9-9e1e-a8861625a296
- Source Listing ID:
- 16247
- Deal Status:
- Sold
- Last Updated:
- September 23, 2025
- Currency:
- USD