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#633
Chico Restaurants For Sale

Established Catering Company with Excellent Lease

$60,000
Established Catering Company with Excellent Lease
This Listing is Expired
Well established catering company located just minutes from Chico. Included in the sale are both catering vehicles, clientele list, equipment and currently there is approx. $35k in booked caterings this year for the new owner. The kitchen has a large type II hood system and tons of prep & storage space. There is a front office to meet with clients and a ton of parking. The lease is only $950 a month for 1900 Sq Ft. There are two years left on the lease with a five year option. The owner is getting out of the catering business after thirteen successful years. This is a great opportunity as there is little competition in the area. Owner is very motivated and wants to see all offers. 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 Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale
Lease Term:
2 yr + 5 yr Option
Total Monthly Rent:
$950
Security Deposit:
$950

Operations

Liquor License:
NA
Hours Open:
Catering company; only two employees regularly
All others are on call
Year Established:
1994
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
1,900

Highlights

  • 13 Year Established Catering Company
  • Type II Hood System
  • Owner Retiring from Catering
  • 1900 Square Feet
  • $950 a Month Rent
  • Client List Included
  • $30-$40K in Upcoming Banquets Already Booked
  • Seller is Motivated
  • Minutes from Chico
  • 2 yrs Left on Lease w/5 yr Option
  • Catering Vehicle Included
  • All Equipment Included

Financing

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

Demographics

Population 5-mi
2014 Total Population 27,600
Households 5-mi
2010 Number Of Households 12,475
2010 Persons Per Household 2.18
Median House Value $209,100
Income Per Household $41,179
Businesses 5-mi
2009 Number Of Businesses 539
2012 Number Of Employees 10,856
2012 Total Annual Payroll $188,286,000

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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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