Full service catering for corporate clientele, weddings and special events. Accomodating parties from 15 to 15,000 people with multiple corporate contracts and extensive client list. In 2015 catering sales topped $4.200,000 with $3,100,000 profit. Includes fast casual breakfast and lunch cafe and bakery adjacent to industrial park. Indoor and patio seating accommodate up to 150 guests, with a private meeting/banquet room with seating for 30. The cafe operates Mon-Fri from 7 am- 2:30 pm. serving breakfast and lunch to the 1000's of corporate employees nearby. With an award winning, skilled, culinary team they serve delicious cuisine with style and flair. Great lease, below market and located in a dense corporate area. Extensive equipment list (over $1,000,000 in replacement value) includes 2 catering vans and one delivery car, all with low mileage. ABC type 41 for restaurant and catering. There are 17 regular employees with catering staff up to 187 as needed. 2016 catering sales were over $2,200,000. This is a great business with tons of potential for new buyer.

General Info

  • OrganizationContact For Info
  • Established1989
  • Current Owner1989
  • Employees17 up to 187 as needed
  • Reason For SaleRetirement

Facilities

  • Seating150
  • Square Feet5346
  • ParkingParking lot
  • LicensesABC, City, Health Dept.
  • Open HoursMon-Fri 7:00 AM- 2:30 PM plus catering hours

Lease

  • Rent$7600 includes triple net, water, plumbing, landscaping
  • ExpirationNov 2018
  • Yearly IncreaseContact For Info
  • Option2-5 year options
  • Deposityes

Financials

  • Monthly Revenue$63,998
  • Monthly Cash Flow$14,667
  • Annual Revenue$767,970
  • Annual Cash Flow$176,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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