Description Long Established Catering Company With Growing Sales
RRC#: 2131
Asking Price: $895,000
Location: Los Angeles County, Los Angeles, California
Yearly Revenue: $3,480,000
Yearly Cash Flow: $360,000
Monthly Rent: $10,300
LISTING DESCRIPTION:
This profitable catering company serves the entire Los Angeles area from Pasadena to the Palisades making events unique and memorable with their inspired menus and personal touch. This company also has a contract in place with a popular children's museum to provide snack bar services, which adds to a greater revenue stream. When the owners of this highly successful catering company, operating since 2006, first decided they wanted to create a company, they did so with a vision. They knew the recipe for success would have many ingredients. The food must be fresh, flavorful, and inventive and rival any top-tier restaurant. The service must be attentive, seamless, and professional from the delivery person to the servers. And the budget must be reasonable because, creating a memorable event shouldn't leave a lasting impression on your wallet. And the experience should be stress-free for the host so they can focus on their guests or their presentation. They operate out of a 9,000 s.f. dedicated building with spacious kitchens and numerous offices. Catering clients have included Disney, NBC, Nickelodeon, Wells Fargo, Pasadena Tournament of Roses and many more.
GENERAL INFORMATION:
Organization: Corporation | Year Established: 2006 | Employees: 40 | Square Footage: 9,000 | Parking: Street | Days Open/Hours: Mon-Sun | Reason For Sale: Other Interests |
FINANCIAL INFORMATION:
Yearly Revenues: $3,480,000 | Yearly Cash Flow: $360,000 |
LEASE INFORMATION:
Monthly Rent: $10,300 | Lease Expiration: November 2015 | Lease Option: Two 2-year | Security Deposit: 30,000 |
FINANCING INFORMATION: