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Profitable Catering Company For Sale

California - South
Asking Price:
$1,100,000 Furniture / Fixtures included
Sales Revenue:
$3,077,355
Cash Flow:
$462,352

Own this profitable and thriving enterprise as an absentee owner and earn $360,000 in annual profits! Sales have been growing over the past several years with Seller Discretionary Earnings of over $460,000 in 2016. The Seller is willing to stay on and continue to manage the business for the new owner, if desired, for a salary of $95,000 which translates into over $360,000 profit for a new absentee or semi-absentee owner. This business has many repeat clients and an outstanding reputation. Multiple events have already been secured and scheduled up to a year in advance. The business has special access to high-end venues that are difficult to secure. Operates using an established, efficient facility in North San Diego County with a full kitchen, warehouse, and office space. Operated by a highly trained, full service staff in all departments. Prequalified for an SBA loan; Seller financing is also available. Call Chris at for more information.

Property information

Real Estate:

Lease

Lease Terms:

Leased location of 8139 sq ft with a total rent of $6,779. Seller is active in the business with 11 FT and 12 Pt Employees.

Leasehold Rent:

$6,779 per annum

Business Operation

Reasons for selling:

Personal

Employees:
11 FT; 12 PT
Years established:
10

Other Information

Support & training:

30 days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$1,000,000 DP; Balance SCN for 60 months at 6% interest.

Furniture / Fixtures value:
$340,266 - included in the asking price

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