This well-established catering business has been in operation for 25 years, and has built a reputation as the go-to catering operation in San Francisco. They have a broad base of repeat clientele, and high reviews on Google, Yelp, and with third-party catering partners. Their client base is diverse, and includes tech companies, law firms, financial services, universities, and other local businesses and organizations. The majority of their business is breakfast and lunch, Monday-Friday and week night receptions. They are also the preferred caterer at two major San Francisco venues. There is a tremendous opportunity for growth with third-party catering partners, delivery services and online. This is a unique opportunity to own a business with high profit and low overhead cost, and a better work-life balance than most business ownership opportunities in the restaurant industry. The sales and profit year over year is in a steady upward trend. They have a excellent reputation and stellar client list. This is a turn key catering operation and you will be ready to earn from day one. In a recent study, catering stands out in the U.S. food service industry: a $60+ billion market growing at 6% annually, outpacing industry growth by 50%. Hands on - 3 week training in all aspects of the business. The kitchen is located for easy access to downtown San Francisco and easy access to the freeway. Very large with plenty of prep and storage space. The space comes with parking for the catering van and staff. The van is included with the business purchase.

General Info

  • OrganizationSole Proprietorship
  • Established1987
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square FeetContact For Info
  • ParkingContact For Info
  • LicensesHealth and Business
  • Open Hours7am - 5pm Monday through Friday

Lease

  • Rent$2,480
  • ExpirationMay 2021
  • Yearly Increase5% Increases
  • OptionNegotiable
  • Deposit$1,500

Financials

  • Monthly Revenue$93,740
  • Monthly Cash Flow$16,993
  • Annual Revenue$1,124,888
  • Annual Cash Flow$203,921
  • Payroll$Contact 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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