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Modern Full Service Catering Co-Gourmet Cafe & Bakery-Est 1989-Extensive Equip-Great Lease
Los Angeles County, California

Asking Price

$595,000

Office Listing #

2856
Revenue $63,998 / month Lease Rent $7600 includes triple net
Cash Flow $14,667 / month Square Feet 5346
Direct Link www.restaurants-for-sale.com/27491

    

This San Gabriel Valley company was established in 1989 by the seller and is a full service caterer that can accommodate parties from 15 to 15,000 people. They also run a full service, fast casual gourmet cafe and bakery offering indoor and patio seating to accommodate up to 150 guests, with a private banquet room that seats 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. Known for their beautiful presentation and outstanding service, they attract corporate clients as well as individual clientele. They currently have a re-occurring annual corporate contract for $250,000 per year. Great lease, below market and located in a dense corporate area. Extensive equipment list valued at approx. $150,000, 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 Information

Organization Corporation
Year Established 1989
Current Owners 1989
Employees 17 up to 187 as needed
Operating Hours Mon-Fri 7:00 AM- 2:30 PM plus catering hours
Reason For Sale Retirement
   

Facilities

Seating 150
Square Feet 5346
Parking 150
Licenses ABC, City, Health Dept.
   

Financials

Revenue $63,998 / month
Cash Flow $14,667 / month
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease $7600 includes triple net  
Expiration Nov 2018  
Yearly Adjustment Not Available  
Option 2-5 year options  
Deposit yes  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Teri Craft
Steve Zimmerman
Restaurant Realty Company
phone: 415-945-9701
fax: 415-945-9702

www.restaurantrealty.com

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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