Established Catering Business With High Profit For Sale

Business description

$108,000 Profit. Marin County, California

Asking Price $245,000

Office Listing # 1287
Revenue $54,600 / month
Cash Flow $9,000 / month
Lease Rent $2,200 / month
Square Feet 3,600

Listing Description
A catering company that has been in business for many years with lots of upside for growth. The company has had a steady history of solid sales and profits for many years. Currently the business has more demand for business then they can service. The business has a centrally located facility which consists of a full kitchen, tasting room, office and a large warehouse/storage area including a mezzanine space with a tall roll up door (approximately 15') for easy access for loading and unloading catering vehicles. Some of the equipment includes as follows: washer/dryer combination, mop sink, dishwasher, 2 - 2 compartment sinks, rinse sink with rinse hose, walkin refrigierator, convection oven, 10' type 1 hood, slicer, 2'6" flat grill + 6 burners over oven, 2 refrigerator drawers, 2 door undercounter refrigerator, ice machine, portable refrigerator, 1 hot box and 4 holding boxes, etc. There are also 2 restrooms and 3 catering vehicles. There is enough glassware, silverware and chinaware to service approxmimately 1000 as well as a large inventory of decorative items.
General Information
Organization: Sole Proprietorship
Year Established: Contact For Info
Current Owners: Contact For Info
# of Employees: Contact For Info
Seating: Contact For Info
Square Feet: 3,600
Parking: Street
License(s): Business
Day & Hours Open: Contact For Info
Reason For Sale: Other interests

Financial Information

Revenue: $54,600 / month
Cash Flow: $9,000 / month
Payroll: Contact For Info
Inventory: Contact For Info
FF & E: Contact For Info

Lease Information

Lease: $2,200 / month
Expiration: 5 years
Yearly Adjustment: Flat for 2 years then CPI
Option: 5 years
Security Deposit: Not Available

Financing Information:

Down Payment: Contact For Info
All Cash: Contact For Info
Note Balance: Contact For Info
Rate/Term of Note: Contact For Info