Fast Food Delivery – Intellectual Property Only
Asking Price: $50,000
Location: Albany County
The company is a full-menu service with an Italian slant, offering a wide array of food items for pick-up or delivery. The company also operates a thriving catering business to local business offices, schools and hospitals. After managing the company for over 20 years, the owner would now like to pursue other business interests. The building and its contents have already been sold. As per the agreement with the Purchaser, the current owner retained all other assets including business name, phone numbers, website, menus and all other intellectual property.
Year Established: 1995
Facilities: The sale does not include the Real Estate nor the furniture, fixtures and equipment located within the building. A new owner would have to find suitable space to relocate the business, or operate it as an addition to an existing food service business that already has a physical location.
Competition: There are a number of small catering companies in the area that are constantly vying for new business. Though small in size this company’s location makes them a highly visible operation, so when follow-up marketing appears before a customer, initial recognition already exists.
Growth & Expansion: This would be an excellent opportunity for a Buyer who wants to get into the food service industry, or someone who wants to add to their existing operation. The company has an excellent reputation. The name, established for 20 years, along with the highly recognizable logo, would easily lend itself to packaging of those products.
About the Sale
Financing: The owner would prefer cash at closing, but may provide some financing for a qualified Buyer.
Support/Training: The current owner will stay on for a negotiated period of time to train the Buyer in all aspects of the business operation.
Sale Objective: After managing the business for over 20 years, the owner would now like to pursue other business interests. The building and its contents have already been sold. The Seller has retained all other assets including business name, phone numbers, website, menus and all other intellectual property and would like to sell these intangibles to a suitable Buyer.