Business Overview:
Established Catering Company with $2.2+ million sales
RRC#: 1643
Asking price: $395,000
Location: Mid Peninsula, San Mateo County, California
Yearly revenue: $2,259,600
Yearly cash flow: $117,600
Monthly rent: $5,517
Listing description:
A long established catering company that services schools, businesses and private and corporate events. This company services many schools and feeds hundreds of students daily as well provides many businesses with cafes feeding hundreds of workers daily. Approximately 75% of its business is corporate business and some of its clients include Kaiser, Stanford University and a major medical facility. Sales have been steady over the years. The company has a well equipped facility centrally located in the mid peninsula with easy access off highway 101 and is near highway 92. The catering kitchen includes a full commercial kitchen, two large prep areas, large storage areas, 3 administrative offices, restrooms and a loading area with sliding roll up doors for easy delivery. The purchase also includes a ABC type 47 license (full liquor) and two delivery vehicles. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 2 compartment sink, 2 hand sinks, 3 -2 door under counter refrigerators (2 with sandwich station), microwave, counter mixer, full door freezer, 2 -2 full door refrigerators, slicer, 2 - 2 full door glass refrigerators, shrink machine, 4 portable warmers, 2- 3 compartment sinks (1 with rinse hose), 2 holding ovens, 4 convection ovens, stock pot burner, double basket fryer, dish washing sink + rinse hose, 2 - 6 burner units with ovens underneath, mop sink, 3 ' x 3' flat grill, 2 - 2 full door freezers, walk-in refrigerator and 1 door freezer, etc. There is also an inventory of kitchen small wares and service ware including chinaware, glassware and silverware, etc. There is a lot of upside for increased business opportunity.
General Information:
Organization: Corporation | Year established: 1991 | Square feet age: 5,000 + approximately | Parking: Parking lot | Licenses required: Business, ABC Type 47 (hard liquor) | Reason for sale: Other interests |
Financial Information:
Yearly revenues: $2,259,600 | Yearly cash flow: $117,600 |
Lease Information:
Monthly Rent: $5,517 | Lease expiration: Negotiable | Yearly adjustment: Negotiable | Lease Option: Negotiable |
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: