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Premier Caterer for sale in San Francisco Bay Area, CA

San Francisco Bay Area, California (CA)

Asking Price: Gross: Cash Flow:
$ 195,000 $ 640,000 $ 166,000

Business Summary:
This profitable catering business was established 16 years ago and provides premium catering services around the San Francisco Bay Area. It has won a variety of industry awards for superior quality food and customer service. They service wedding, social and corporate events of all sizes. The business maintains a beautiful website. Over the years the owner has taken much of the guess work out of running the day-to-day business thus making it easier for a new owner to come in, learn the system and take this catering business to the next level. The 4,000 square foot facility has a full kitchen, an extensive linens inventory, a 60 lbs washer and a 90” ironer, a warehouse with a variety of props for various events, a commercial smoker, two 14-foot trucks and a cut-away van. Gross sales for the year ending March 31, 2009, was $638,201, which was an increase of 15% over the same period during the previous year. Seller’s Discretionary Earnings for the year ending March 31, 2009, is estimated to be $161,000. The seller is willing to finance a portion of the purchase price for a qualified buyer. Please reference BTI#7480 when contacting us regarding this business.

 

   
Year Business was Established: 1993
   
Number of Employees: 3 FT/8 PT  
   
Owner willing to finance: Seller is willing to finance portion of the purchase price (please call for details)  
   
Owner willing to train: Seller will provide three weeks of training (at 20 hours per week)  
   
Reason for selling: Spend more time with family  
   
Seller Reference Number: BT7480
BusinessMart.com Listing Number: 66721
 

 

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For more info contact:

Michael Floorman

BTI Group
408-385-0412

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