Catering Company For Sale - SF Bay Area
Not Disclosed, CA Contra Costa County
Contra Costa County
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- RE: Catering Company For Sale - SF Bay Area
- Contact: John Irvine
- License #: 988287
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $848,375 | |
| Net Profit: | $200,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1982 | |
| Employees: | 30 | |
| BBN Listing #: | 999299 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Long established family run catering company is for sale. The sellers are the landlord of a 5000 +/- sq ft building which has been especially designed for successful catering. They have been charging themselves around $8998. monthly for rent. New lease to buyer, terms to be decided by buyer's credit, FICO score, and past experience. Past catering experience preferred but open to train new buyer
What do they cater? Family style meals, appetizers, buffet, plated sit down, gluten free, vegan - just about anything the client wants can be ordered and catered. They do not have an ABC license or provide bar service but can refer bartenders that will fit the bill.
Average gross sales for the last three years have been $846,000.
Owner's draw is around $200,000. +/- yearly for husband and wife.
One 2012 GMC delivery van is included in the sale.
This type of business would normally be priced higher than our listing price of only $150,000. The sellers are planning for retirement and are more interested in finding a qualified buyer to lease their building rather than get top dollar for their well known business of over 50 years. This is a turn-key operation ready for new ownership. The sellers are willing to stay on for a smooth transition and maybe available after training period as needed on a per-event basis.
A list of fixtures and equipment is pending and will be available to potential buyers along with the name and address of the business following completion of our standard NDA. An NDA is available thru this website by filling out the short form or by writing the listing agent.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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