Profitable Café and Catering Business w Ample Goodwill

Harding County, NM

Profitable Café and Catering Business w Ample Goodwill
Contact Seller

Asking Price: $242,000

Cash Flow: $89,701

Gross Revenue: $1,759,815



Inventory: N/A

Established: N/A

Profitable Café and Catering Business w Ample Goodwill

Save Print Share Valuation Report

Business Description

Profitable Café and Catering Business w Ample Goodwill, Open 20+ Years on Main St. Location

RRC#: 3366
Asking Price: Offered At $242,000
Location: Solano County
Annual Revenue: $1,759,815
Annual Cash Flow: $89,701
Monthly Rent: $7,500

Listing Description:
The historic main street location oozes charm in this tight knit community. The cafe, event space & catering business has been operating for over 20 years. It’s now YOUR turn to buy and operate this popular café and catering business. The owners have created a constant flow of local business with thoughtful menus, design comforts and live music, events and catering. Located in the heart of this downtown East Bay community, the business’s goodwill and client base is strong. With large customer data base files, catering contacts, entertainment contacts, a loyal following, and a great veteran staff you will be set up for success. The catering business includes a large amount of catering & event equipment, and a FORD Econoline CATERING VAN. The owners no longer work on site, thus a great owner operator could really expand profits by growing the catering and event sales. While the upstairs is currently used for special events, it could be modified to sublease to a residential tenant with minor alterations. The lease has a five year option to commence and run through June 2024. A base rent of $7500 on this two business in one location. Recent major upgrades included a new mop sink area, with new floors and FRP walls, a new electric tankless water heater for the upstairs space and more.

General Information:
Organization: Inc
Established: 1997
Current Owner: 1997
Employees: 35
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $146,651
Monthly Cash Flow: $7,475.08
Annual Revenue: $1,759,815
Annual Cash Flow: $89,701
Payroll: $51,996
Monthly Revenue: $146,651
Monthly Cash Flow: $7,475.08

Detailed Information

Harding County, NM
Contact Seller

Contact the Seller

Contact Seller Loading

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Show Phone Number

View My Listings

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.

Listing Statistics

Saved This Listing:
Days Active On Site:
Appeared in Search:
Listing Detail Views:

Ad#:1655902 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Smokin Oak Wood-Fired Pizza

Franchise Opportunity In NM
Cash Required: $150,000