Business For Sale

Catering Business with 70% Recurring Revenue

San Diego, CA
San Diego County


Asking Price: Annual Revenue:
$229,000 $551,876

Food & Beverage: Catering, Food Preparation


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RE: Catering Business with 70% Recurring Revenue Broker: Todd Bell
License #: 01525675
Owner Financing is Available!
Seller is open to financing part of the purchase for the right buyer.

Quick Facts

Asking Price: $229,000
Annual Revenue: $551,876
Net Profit: $107,606
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 21
BBN Listing #: 944923364
Broker Reference #: 106-15170

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Business Overview:

This well-established catering business generates 70% recurring revenue from long-standing corporate accounts. For over 30 years, the company has served universities, medical centers, local day care businesses and more. Tremendous word-of-mouth referrals and a strong presence on social media drive the business with no other external advertising. A great opportunity to grow the business and expand the customer base. Chef-run kitchen includes 2 hoods, grease trap and a beer/wine license. 3 Ford Econoline vans available for purchase separately. The owner is looking to retire. Clean books and performance is validated with business tax returns. Seller is also open to financing part of the purchase for the right buyer. Call Todd today!

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Property Features and Assets:

This business has a leased location of 3,800 square feet with a total monthly rent of $3,774. The seller is active in business with 3 Full Time and 6 Part Time employees. Hours of operation are Monday-Friday and Weekends as needed. Included in asking price are $10,000 in inventory and $75,000 in FF&E.

Reason for Selling:

Retirement

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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