Asking Price: $360,0005 Day Cafe and Catering Company - Huge Gross
Hayward, CA
Alameda County
Amazing opportunity to run own PROFITABLE business! Chef-run kitchen!For sale by owner. Catering and Cafe business in East Bay serving corporate and private events for 30 years. This Catering and Cafe business is currently open M-F from 10am to 1:30pm and running at the current owner's comfort level, turning away clients due to other business ventures. Owner's role includes client relations, management, booking, billing, purchasing, and staffing (if needed) for any/all events. The business currently does not advertise or do any marketing whatsoever, so there is major room to expand and more-than-double the Catering and Cafe operations by expanding operation hours/marketing/owner presence, etc. You can also increase the customer base by having a sales person target the over 300 corporations within a 5-mile radius of the business. Plenty of new tech/medical companies continue to fill the industrial area who require frequent breakfast/lunch caterings. This has a chef-run kitchen for all catering and most cafe items and is partially owner-operated for the front cafe (hence short hours). The Kitchen has about 3600 sf of space that can accommodate catering parties from 10 to 20,000 people. The kitchen equipment consists of: 16 Ft hood, 10-top burner stove with 2 ovens on bottom, 2 huge Baking Ovens (5 racks each), Deep Fryer, Commercial Panini Press, Stainless Steel 30qt Mixer, Various electric food prep units, Walk-in freezer, Walk-in cooler, Cash register, Computer in office, 2 door soda machine, 2 Pepsi Fridge units, Fridge - Deli case, Double-decker pizza chef oven, 2 stainless steel (16-top & 12-top) sandwich/salad prep tables w/ refrigerated bases., Hobart Slicer, Ice machine, 5 stainless steel tables and multiple wood work prep tables, 3 compartment sink, 2 compartment sink next to new automatic dishwasher, multiple Hot boxes and Chafing dishes, 6in and 10in China plates, silverware, water glasses, wine glasses, and coffee cups for up to 200 people. Not to mention pots, pans, utensils, hotel pans, various equipment/storage shelves and more, etc. The business has all the equipment needed to set up and serve all catering events. Owner put upwards of $150K into business maintenance repairs/ upgrades/ equipment parts etc. with new hood belt and stand on roof, upgraded wiring structure in back end of kitchen to accommodate 3 renters (at once while you are still operating for excess cash flow!), new freezer circuit, new fridge unit, TV in cafe, floor tiles under kitchen hood/stove area, 4-month routine “snake draining” along with all other routine maintenance inspections, new double decker toaster oven/pizza oven, stainless steel prep tables, storage racks, new office printer, updated security cameras, and more! There is an office, customer restroom, janitor room along with 2 Huge additional separate storage/office rooms. The business name, menu, recipes, POS system, branding, catering clientele and assignment of the lease are all included in a sale along with anything else related to the business. Inventory is additional cost. The business is in a strip center located in a dense corporate and industrial area with a great 2-year lease remaining on a 10-year lease agreement along with another 10-year option below-market lease extension already included. *Pizza by the Slice would work incredible here in Cafe while operating full catering side*Monthly rent is $4278 all inclusive. There is a monthly income of $2100 and $1500 from 2 food operators renting a small section of the large kitchen in a non-relating food service. This enormous kitchen can easily have 3 renters while still allowing you to operate at full capacity without any issues/interruptions. Huge opportunity to not only have free rent, but end up with a surplus of money each month from (3) or more renters. Gross sales have averaged $470K for the past 3 years with the net to owner over $180K a year. Terms: all cash. Please serious buyers only. The sellers will provide comprehensive training to ensure a smooth transition.
Asking Price: $99,000