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#501
Los Angeles Restaurants For Sale

Great catering opportunity in Santa Clarita

$185,000
Great catering opportunity in Santa Clarita
This Listing is Expired
Well established catering company in northern Los Angeles area. Last year's sales over $300,000 with over $110,000 net income. 2880 sq. ft, rent $2299, NNN $216, 14 months remaining. Seller is open to sublease Walk-in #2 area (as shown in the photo) and/or offices. Sale include a Ford E 150 delivery truck.
Agent Puffin So DRE License #01730371

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
14 months+0 Option
Total Monthly Rent:
$2,299

Financials

Last Year's Annual Gross:
$300,251
Last Year's Food Cost %:
29.79
Last Year's Payroll Cost %:
16.53
Last Year's Rent %:
5.77

Operations

Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
2,880

Highlights

  • Well established catering business in Santa Clarita
  • Gross sales of last year $300,000+
  • Net $115,000+
  • $38,000 worth monthly contract with a big corporation until end of this year
  • 2880 sq feet facility, clean and fully equiped
  • Seller is open to subleasing part of the facility ( walk-in in the back area and the offices)
  • Sales include all equipments and a Ford E150 delivery truck

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 32,476 85,393
Households 3-mi. 5-mi
2010 Number Of Households 12,772 28,930
2010 Persons Per Household 2.51 2.80
Median House Value $420,700 $469,817
Income Per Household $88,415 $101,171
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,277 2,971
2012 Number Of Employees 109,922 119,562
2012 Total Annual Payroll $2,623,809,000 $2,765,924,000

click for more demographic info

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.

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