How much is a business listed under food services and drinking places worth in New York?

From 2023 to 2026, businesses listed under food services and drinking places with 100 or more staff sold for about $1.3M to $3.6M, with a middle price of about $2.2M, based on 42 purchases. A business's own value depends on its revenue, profit and owner pay.

How current is the information about Sands?

The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.

How can the owner of Sands get a valuation?

Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

Sands

Registered as JEM Caterers of Nassau

Caterers · Atlantic Beach, NY

Sands is a business in Atlantic Beach, New York, listed under caterers, with 100 or more staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $1.3M to $3.6M.

Public record

Industry: Caterers (NAICS 722320, as reported by the business)
Registered name: JEM Caterers of Nassau
Location: Atlantic Beach, New York
Staff: 100 or more people (as reported in 2020 to 2021)
Registration: Active (as of October 2026)
Formed: December 18, 1978
As of: 2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Food Services and Drinking Places with 100 or more staff, bought 2023 to 2026. Based on 42 purchases.

Loans used to buy them

$1.1M to $3.1M

Middle loan about $1.9M

Estimated purchase prices

$1.3M to $3.6M

Middle price about $2.2M

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Sands.

Financials of businesses like this

Average revenue

$9.5M

a year

Average payroll

$3.4M

36% of revenue

Average staff

105

people

US averages for caterers with 100 to 499 staff, 2022 (211 businesses). These are not Sands's own figures; its own revenue and profit are what a valuation needs.

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Questions

How much is a business listed under food services and drinking places worth in New York?: From 2023 to 2026, businesses listed under food services and drinking places with 100 or more staff sold for about $1.3M to $3.6M, with a middle price of about $2.2M, based on 42 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Sands?: The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Sands get a valuation?: Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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