Restaurant / Catering Company Inside Department Store
Location California,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1982
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description If you have a little bit of vision, you can take this super opportunity and turn it into a goldmine! Inside a major national department store, you operating costs are fixed at just 10% of sales to patrons of the store! Any catering business or other off premise sales are all yours. Have an existing catering business? Bring it here and you will make more money than you thought possible. Base rent is 10% of sales through the register. Rent includes electric, gas, phone, cleaning and more. Access to a loading dock means that you can load your trucks and go. Tremendous amount of on-site storage gives you plenty of room to store your catering supplies. The existing crew will handle the normal walk in traffic while you focus on growing your catering business.
This restaurant has been successfully in operation for more than 25 years. Current owner for three years has other business interests and is just not in a position to really appreciate the potential of this huge restaurant.
Comes with a beer and wine license (41) and a small separate bar area. Short hours of operation for the front of the house (10-6 Monday through Saturday, 10-4 on Sunday). Gives you plenty of time to focus on catering or just kick back. Very large kitchen with walk in refrigerator and freezer plus a large hood and all the restaurant equipment that you will ever need.
If you have some vision, you will be able to take this tremendous facility and incredible lease and turn it into real gold! The seller will even consider financing the right buyer! Contact for more information on this Restaurant / Catering business for sale.
Click Here To Contact Seller
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