Catering Business-$140k Profit-fully Equipped-corporate Contracts-customer Database-price Reduction
Contra Costa, California
|
|
Asking Price |
$150,000
|
| Office Listing # | RECENTLY SOLD - 1280 |
|
Revenue |
$36,920 / month
|
|
Cash Flow |
$11,700 / month
|
|
|
Lease Rent |
$2,150 All inclusive
|
|
|
Square Feet |
2,000 |
|
Listing Description |
|
|
Well established and highly regarded, this catering business has everything in place for a new operator. Fully equipped, centrally located for Bay Area events and a long list of private and corporate clientele make this an attractive opportunity for a prospective buyer. Located in a light industrial complex, the business has in place an excellent reputation based on a track record of providing very consistent, high quality results time and again. In place to streamline the operation is a full service website, online ordering, food cost control measures and an event planning strategy with no regional competition offering this level of professionalism. The facility has a fully equipped with a type 1 hood, two 6-burner ranges with convection ovens, a 3' char broiler, two dual speed convection ovens, a walk-in refrigerator, 30 qt. Hobart mixer, 2-door reach-in, chest freezer, ice machine, emulsion blender, airpot coffee brewer, four stainless work tables, a commercial heavy duty chest freezer and four chest coolers. There is a long list of catering small wares, food preparation and storage equipment as well as tablewares, buffet and table service hardware for catering on-site events, hot and cold food transfer equipment and eight portable butane stoves. There are two well furnished reception rooms for event and menu planning and tasting complete with several flat screen televisions, DVD player, and an office area with several computers and multifunction printer. Two cargo vans and a heavy duty van with 10' box are part of the sale. The current owner works 40 hours per week and is selling the entire business including the name, menu and recipes, customer database and currently booked event contracts. There is upside to increase revenues by upcharging for rental equipment or a beverage sales program with referral fees or commissions. A new owner operating with a beer and wine or liquor license applicable to catering offers another option. The motivated seller is willing to offer a training period to implement the transition to a new owner. Including the name, menu and recipes, currently booked events and customer database which includes a long list of corporate catering contracts.
|
|
|
General Information
|
|
Organization: |
LLC
|
|
Year Established: |
2005 |
|
Current Owners: |
2005 |
|
# of Employees: |
Contact For Info |
|
Seating: |
N/A |
|
Square Feet: |
2,000 |
|
Parking: |
Lot |
|
License(s): |
Business |
|
Day & Hours Open: |
N/A |
|
Reason For Sale: |
Other Interests |
| |
|
|
Financial Information |
|
Revenue: |
$36,920 / month |
|
Cash Flow: |
$11,700 / month |
|
Payroll: |
Contact For Info |
|
Inventory: |
Contact For Info |
|
FF & E: |
Contact For Info |
| |
|
|
Lease Information |
|
Lease: |
$2,150 All inclusive |
|
Expiration: |
11/30/20011 |
|
Yearly Adjustment: |
CPI
|
|
Option: |
3 years |
|
Security Deposit: |
$1,938.60
|
| |
|
|
Financing Information: |
|
Down Payment: |
Contact For Info |
|
All Cash: |
Contact For Info |
|
Note Balance: |
Contact For Info |
|
Rate/Term of Note: |
Contact For Info |
|
|
|
|
|
To access this webpage directly, use:
http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=11584
Disclaimer
The information in this
listing has been provided by
the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC has no claim in
the sale of this business
and has not independently
verified any of such
information and assumes no
responsibility for its
accuracy or completeness.
Read the
disclaimer
before responding to any ad.
|
Buyers Register Free!
Search, post free wanted
ads, track favorites and receive
auto alerts for free!
Buyer FAQs
Answers to frequently asked
questions from our buyers.
Financing
Guide
Cash Financing
for Working Capital, Business
Loans and SBA Assistance,
Commercial Real Estate Loans,
Lines of Credit, Business Credit
Cards and more. |
|
Advertise with Us
Become a sponsor
and reach a target market of
tens of thousands of active
buyers and sellers. |
|
|
|
Save Listing to Favorites
