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Established Catering Business with $1.1 Million Sales and $200,000 Profit, RRC#3393

San Francisco
$350,000

Business For Sale Details

Updated on October 23, 2019 at 3:58 pm

  • Property ID: RRC#3393
  • Price: $350,000
  • Type: Catering Company
  • Status: Business For Sale
  • Revenue (Annual): $1,000,001-$2,000,000
  • Cash Flow (Annual): $150,001-$250,000
  • Rent: $2,480
  • Lease Expiration: 21-May
  • Year Established: 1987
  • Organization: Sole Proprietorship
  • Reason For Sale: Other Interests
  • Revenue (Yearly): $1
  • Cash Flow (Yearly): $203,921
  • Days/Hours of Operation: 7am - 5pm Monday through Friday
  • Lease Security Deposit: 1,500
  • Lease Options: Negotiable

Description

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 an 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.

Business For Sale Location:

  • Location: San Francisco
  • City / County: San Francisco
  • State / Province: California
  • Country: United States

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