Mid Peninsula Catering Business + Commercial Kitchen

San Mateo, CA (San Mateo County)

Mid Peninsula Catering Business + Commercial Kitchen

Asking Price:$195,000

Cash Flow:$72,000

Gross Revenue:$480,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Mid Peninsula Catering Business + Commercial Kitchen

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Business Description

Mid Peninsula Catering Business + Commercial Kitchen

Mid Peninsula Catering Business + Commercial Kitchen Near Palo Alto Off Highway 101 $2400 Rent

RRC#: 2591
Asking Price: $195,000
Location: One block off Highway 101, San Mateo County, California
Yearly Revenue: $480,000
Yearly Cash Flow: $72,000
Monthly Rent: 2400 approx all inclusive

LISTING DESCRIPTION:
This catering business has been around for over 30 years and has well established lunch accounts with law firms and schools, etc. The commercial kitchen is approximately 1400 sq. ft. and includes the following equipment: 10'' type 1 hood with fire suppression system, 8''0" ft x 9''5" ft x 7'' 5" high Nor- Lack Walk-in Refrigerator with stainless steel storage racks, two (2) double door Delfield Freezers, two (2) four burner Imperial Commercial Stove /Ovens, two (2) Imperial Stacked Convection Ovens, wall-mounted Microwave a Univex Mixer, Commercial Dishwasher, Globe Industrial Slicer, Manitowac Ice Machine, 10 Cambra Large Coffee Pots, 30" x 12'', stainless steel Side Counter with shelving underneath, 1 Backers Rack with 17 Baking Sheets, one 3'' x 6'' Butcher Block Table, one 3'' x 8'' Butcher Block Table. 14 Hot Boxes, 2 Large Delivery Carts, 1 Medium and 1 Small Delivery Cart, Pots, Pans, Platters, Chafing Dishes, Baskets and standard kitchen utensils needed to prepare and serve gourmet meals. Also includes separate 36" x 84" stainless steel Prep Island with pan rack and spice shelf. Office Space and upstairs Storage. A buyer can negotiate an extension on the lease term. The buyer can purchase two delivery vans for an extra charge.

GENERAL INFORMATION:
Organization: Not Available | Square Footage: 1,400 ground floor + upstairs storage, etc | Licenses Required: Business |

FINANCIAL INFORMATION:
Yearly Revenues: $480,000 | Yearly Cash Flow: $72,000 |

LEASE INFORMATION:
Monthly Rent: 2400 approx all inclusive | Lease Expiration: 10/3/20 | Yearly Adjustment: 4%+ | Lease Option: Negotiable |

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Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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