||Employees||16 full, 12 part
* Included in Asking Price
Catering service for variety of events plus an onsite banquet room with exclusive right which provides all the banquet business because the location itself , a 5 days breakfast & lunch cafeteria for 600 employees and a 7 days breakfast & lunch café.
Majority of the revenue comes from catering & banquet businesses & café & cafeteria provide steady business as well. The 5 days breakfast & lunch cafeteria does about $600 a day business, the 7 days breakfast & lunch café does about $300 daily business, full catering about $750,000 a year & the onsite banquet location with exclusive right brings about $450,000 a year business.
The café itself has very big kitchen with long hood, walk in refrigerator & walk in freezer & all other necessary equipment to take care of much of the catering business. They also have 2 nearby warehouses with walk in cooler & freezer as well. The cafeteria & the banquet room also have complete & well designed kitchen with all the necessary equipment to take care of the business.
The business utilizes 7 vehicles which consist of 5 utility vans & 2 cars, employs about 30 full & part time employees & has about 30 more on call employees as well for whenever the need arises.
The owner has started the business over 30 years ago & he is ready to retire. He is willing to finance up to 50% of the asking price for a qualified buyer with RE collateral.
Annual Revenue: $1,450,000
FF&E (Included in the price): $150,000
Inventory (Included in the price): $50,000
Seller's Discretionary Cash Flow: $Call/Email
Asking Price: $850,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information contact Mehdi Kazerooni at SUNBELT BUSINESS BROKERS of ORANGE COAST at 714-619-9310 ext. 252. Fax: 949-861-6498. Email: email@example.com
|Training/Support:||seller will provide training.|
|Seller Financing:||$425,000 down, $4,716.37 per month for 120 months at 6% interest. Buyer must have RE as collateral|
Seller Reference #ORCSTCA001-N1998
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