Profitable Catering Business in Placer County w/Low Rent!
Are you looking to buy an existing catering business in Placer county, one of the economically stronger counties in the area?
This catering business offers value to a buyer in having built a nice list of satisfied clients. As a catering business owner you'll appreciate the opportunity to expand your business. If you're in the restaurant business you'll appreciate the opportunity to make a decent living minus some of the pressures that come with a full service restaurant in the beautiful Foothills surrounding Sacramento and you'll even more appreciate an existing revenue base to leverage your business on.
Established in 2003 this Catering business has earned a great reputation serving Weddings and local events from Tahoe to Sacramento.
Location: This catering Facility is located in a small town 30 minutes north of Roseville, CA . If you're looking to get out of the city smog, heat, high rents, traffic and noise then you will love this place. The County is your oyster because they service a wide area from Tahoe to Sacramento. The town is next to the freeway for easy and quick access to the surrounding areas such as Auburn, Truckee, Rocklin, Roseville, Grass Valley, Colfax and many more small towns needing your catering services.
Features: The kitchen comes equiped with a hood system, range, prep area, walk in and all the untensils and wares. The Faclity is older, but includes use of the equipment on hand. The large equipment belongs to the landlord and is included as part of the rent and a list of equipment will be provided to a buyer. The owners also have a large catering truck included in the sale...this makes life much easier for sure.
The Numbers: The business has been open for 6 years has sales just over $245,000 in 2010 stated on the the tax returns with income of about $37,000 last year, a tough year for any catering business. The owner will provide training and support to get a new owner off to a good start and beyond as they want you to succeed and care about the clients on the books.
Financing: The owner will finance with a large down payment depending on the buyers qualifications.
Reason for Selling: The owner have decided to retire and move out of the area.
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This is a Paramount Restaurant Brokers, Inc. Listing, a California Corporation
Restaurant Broker Scott Beaton DRE License #01853968
Financials
Operations
Facilities
Highlights
- Low rent
- Established Clientle
- Wide variety of venues
- Owner will train
- Great Menu's
- Make an offer!
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 6,322 |
| Households | 5-mi |
| 2010 Number Of Households | 3,835 |
| 2010 Persons Per Household | 2.46 |
| Median House Value | $296,800 |
| Income Per Household | $60,025 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 144 |
| 2012 Number Of Employees | 1,626 |
| 2012 Total Annual Payroll | $21,064,000 |
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Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.