PRICE REDUCED: Catering Business, in a Commercial Kitchen!

Orange County, CA

Established Catering Business & Kitchen!
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Asking Price: $199,000

Cash Flow: $61,084

Gross Revenue: $515,872

EBITDA: $61,084

FF&E: $25,000

Inventory: $2,000*

Rent: $318,240 /Month

Established: 2015

*not included in asking price.

PRICE REDUCED: Catering Business, in a Commercial Kitchen!

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Business Description

PRICE REDUCED: This catering company and facility is located an affluent community of South Orange County. They provide delicious catering for a wide variety of family events and tastings, and have established a great niche of repeat business providing contracted meals for rehab facilities.

The space offers quick access to major freeways to cater to Los Angeles, Orange and San Diego counties. The location is also close to a plethora of office buildings, corporate businesses, and several hotels. The space provides ample parking in the front and additional parking in the rear for the catering trailer, smoker, S.U.V. and employee parking.

The Seller has done a fantastic job building the foundation of the business, setting up any Buyer for success. The space is inviting: you're greeted by rustic wood and hip accent lighting showcasing the businesses tasting and hosted pop up private dining room. The space is organized, efficient and immaculate. There is a large walk in refrigerator and separate large walk in freezer to accommodate high volume and large amounts of perishables. The kitchen work stations are pristine, organized and efficient, even the spices are alphabetized! All of the equipment is extremely well maintained and in great working condition!

The Seller plans to pursue another business opportunity (non-catering) and is ready to pass this business onto a capable successor. This is an opportunity to grow this established brand, with contracted clients in place. All of the buildout has been done - spend instead on marketing and advertising. Alternatively, bring your existing catering or food manufacturing concept to this health dept. approved facility and pickup the Seller's contracted business, estimated at $500k for 2019.

This catering business is an excellent opportunity to step into a turnkey space (with reasonable rent!), with a profitable book of clients, and start growing revenues. Reach out to your Agent today.

Detailed Information

Location:
Orange County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,440
Lease Expiration:
2/28/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In an industrial complex, with ample customer parking as well as parking for trailer and catering truck Includes a virtually new 15' catering trailer with warranty and an older model Chevy Tahoe Barrel Pit Smoker for onsite BBQ catering Includes gigantic walk-in refrigerator (recently replaced condenser), walk-in freezer, and Type 2 hood Keep excellent records with Square POS system
Growth & Expansion:
Exponential Growth Potential!
Support & Training:
Owner will Train
Reason for Selling:
Changing Industry
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Robert Marshall

Business Listed By:
Robert Marshall

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Sponsoring Broker:
Sean Edelstein

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