Cafeteria for Sale with Catering Operation

Baltimore, MD
Baltimore County


Asking Price: Annual Revenue:
$549,000 $1,259,155

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cafeteria for Sale with Catering Operation Broker: Eric Gagnon

Quick Facts

Asking Price: $549,000
Annual Revenue: $1,259,155
Net Profit: Not Disclosed
Cash Flow: $144,225
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 23
BBN Listing #: 23818096
Broker Reference #: 7339

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Business Overview:

Buy this extraordinary Cafeteria for Sale with catering business and take home over $160,000 per year on over ONE million dollars in sales. SBA lending approval in days with 30% down. Owner Financing Available with 50% down. Full Service Restaurant with large catering operation. Highly profitable cafeteria for sale with catering business has two locations and includes seven company vehicles. Large 6,838 sq. ft space with rent at $4789 per month is the hub center for this powerhouse. The cost of rent on this massive space is coming in at less than 4% of sales, which is way below the industry standard. This cafeteria for sale and catering business currently employs three full-time and twenty part-time employees at an unheard of schedule in the restaurant industry it operates from 7:30AM to 3:00PM Monday through Friday and is closed on nights, holidays, and weekends. We Sell Restaurants is offering this opportunity to earn $160,000 plus additional owner benefits, and the ability to be your own boss without working nights and weekends! Successfully in business for over twenty years, this cafeteria for sale with catering business provides thousands of lunches every day to businesses, schools, corporate functions, and in its own locations in cafeteria style. Close by is a large well known corporate business that employees over 3,000, and is a source of regular customers. Turn-key operation is ready to walk in and start realizing the profits. The current owner of this cafeteria for sale with catering business has prepared the way and created the business relationships that has produced this profit earning concept. The business has contracts secured with fifteen local private schools, and are providing lunch daily to the students, which creates a ready built steady stream of income. Since the current owner has obtained these contracts, and built these relationships, you can benefit from all of their groundwork. In addition to the fifteen school contracts, this cafeteria for sale has a contract in place with the nearby swimming and tennis club that offers an additional source of revenue. A catering contract at a college in neighboring Baltimore is also already earning the owner profits. This cafeteria for sale is also conquering the online catering business in the area with established relationships with online catering brokers and has earned themselves a 5 star rating with names such as EZ-cater and Foodify. With strategically targeted, robust deliver service routes, and added income from sources such as Grubhub & Doordash, this cafeteria for sale with catering and deliveries has proven its concept is an opportunity that doesn't present itself often. The large commercial kitchen is equipped with everything needed to keep this business running smoothly. If you are ready to start earning $160,000 per year owning your own business with no nights, holidays or weekends, this cafeteria for sale is the rare opportunity. Contact We Sell Restaurants today to inquire.

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Property Features and Assets:

2 Hobart Deli Slicers 2 Wall Mounted TVs 40 and 55 Commercial Microwave 3 compartment pot sink 5 Commercial Panini Presses Salad Refrigerator Unit Single Glass Door refrigerator 2 2 door stand up stainless steel warming boxes 8 Stainless Steel Prep Tables Commerical Grade Tabletop Mixer Salad Drying Spinner 4 Speed Racks 20 Stainless Steel 4 level Shelves 2 Convection Toasters Ice Maker 4 Desk tables and 4 desk chairs 3 office chairs 6 Filing Cabinets 20 Dining room tables 60 Dining room chairs 12 Bar Stool Chairs 2 3 Door Stainless Steel Stand up Refrigerated Storage Units Vulcan Flat Top Grill 2 Walk in Freezers and 2 Walk in Refrigerators landlord owned 2 Refrigerated 3 Door Sandwich Units 4 Soup Tureens 2 6 Burners Stoves 2 Vulcan Ovens 1 Table Top Grill 3 Double Basket Fryers 1 Vulcan Double Stack Pizza Oven Pots Pans Small wares Cambro Food Storage Containers with Lids Cutting Boards Knives Various White China plates bowls and containers 24 Cambro Insulated Food Pan Carrier Containers 7 Company Delivery Vehicles 2012 Ford Transit Connect XLT with wrapped logo 2006 Toyota Matrix XLAWD with wrapped logo 2010 Nissan NV200 with wrapped logo 2006 Honda Odyssey 2010 Volvo S60 2012 Honda CRV 2006 Toyota Highlander

Market Competition and Expansion:

Family Owned and Operated for over 22 years; Multiple Revenue Streams (Deli, Satellite location, Schools, Lunch Delivery, Catering), Over 20 Signed Contracts/Agreements. 1). Business Hours; no nights, weekends or holidays; 2). Insulated customers and long standing business relationships and branding; 3). Cash Flow/Low Rent Percentage.

Reason for Selling:

Other

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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