Catering Company, Cafeteria Account & Banquet Hall

Whittier, CA
Los Angeles County

Asking Price: Annual Revenue:
$499,000 $1,260,000

Food & Beverage: Catering, Food Preparation

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RE: Catering Company, Cafeteria Account & Banquet Hall Broker: Jerry Diza

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,260,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 499357972
Broker Reference #: 18119ST

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Business Overview:

This is a well established Catering Business for over 30 years with a solid book of business and many returning customers and accounts that come back for the quality and service with absolute professionalism. There are three parts to this business.
1) A newly remodeled banquet facility with a capacity of 65-70 people
2) Full service off-side catering with cooking trailers if needed
3) A large facility cafeteria that caters to employees of the company and the visitors (no rent or utilities).
4) 58 license can be purchased from the owner

The demographic for this business are small to large companies that hold events for their employees, schools, business luncheons, birthday parties, weddings, company picnics and themed parties.

This business is staffed to perfection and employees can handle from A to Z. Owner will assist with training after close of escrow.

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Property Features and Assets:

EQUIPMENT: As expected for a large volume catering business, there are 7 cars / vans (some with refrigeration), two full service cooking trailers, multiple walk-in coolers, walk-in freezers, extra large kitchen with extensive cooking and baking equipment. FACILITIES & OPERATIONS: The banquet room is 3,000 Square Feet with a rent of $3,800 and 10 years of lease. The equipment warehouse is 4,000 Square Feet and a rent of $2,800 a month with refrigeration for all the perishables and dry goods.The third storage facility is a 1,000 Square Feet space for the cooking trailers and additional storage with the rent of $990 a month.

Market Competition and Expansion:

MARKETING OPPORTUNITIES: Banquet room has been marketing for evening hours / dinner only and the new owner can do additional marketing for breakfast and luncheon business gatherings.

Additional Details:

  • The property is leased.
  • 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.

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