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
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