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#640
Sacramento Restaurant For Sale

Premiere Catering Company with Deli in very upscale location

$350,000
Premiere Catering Company with Deli in very upscale location
This Listing is Expired
This catering company works with a very exclusive client�le and has been operating for more than 5 year, establishing a great reputation in this exclusive wealthy neighborhood. The list of clients alone may be worth the asking price. When the catering business slows down, the deli provides a steady revenue stream. The deli and spacious kitchen have over 1,600 sq ft. There are 25 seats in the deli with plenty of shopping center parking. There are 5 years left on the lease. If you would like to walk in to a business with 5 years worth of client history, this is the place. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
5 years left
Total Monthly Rent:
$3,600
Security Deposit:
$3,488

Financials

Last Year's Annual Gross:
$442,719
Last Year's Owner's Cash Flow:
$92,373

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Part-Time Employees:
15
# of Family Employees:
1
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Indoor Seating:
25
Outdoor Seating:
20
Inside Sq. Ft.:
1,600
Outside Sq. Ft.:
200

Highlights

  • High end successful catering and cafe
  • Extensive client list comes with business
  • Cafe business helps add revenue to catering
  • In upscale part of Sacramento county
  • High volume catering kitchen on site
  • Business includes all necessary equipment for catering events
  • Delivery vehicles included
  • Owner willing to provide training
  • Adjusted net of over $90,000

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 22,030 89,513
Households 3-mi. 5-mi
2010 Number Of Households 7,479 32,820
2010 Persons Per Household 2.86 2.63
Median House Value $600,100 $393,483
Income Per Household $127,736 $83,893
Businesses 3-mi. 5-mi
2009 Number Of Businesses 503 3,194
2012 Number Of Employees 7,040 84,180
2012 Total Annual Payroll $133,965,000 $2,208,914,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.

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