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Businesses For Sale   >>   Casino Businesses For Sale   

Culinary Design

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $4000000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1974
Number of Employees  1 - 3
Inventory  150000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Other ventures.

Description  
This company puts entire restaurant concepts together from decor details and menu to equipment and strategic planning, making certain (as anything in the business can be) the client will actually make money. They are trend setters in kitchen/restaurant design. They have designed and built the most trendiest restaurant and kitchens for some of the most famous restaurant chains, hotels, casinos, universities and hospitals food services, airports, entertainment centers, theme parks, food courts, and sport bars in some of major US cities and foreign countries. They have done it all when it comes to designing and building restaurant/kitchen, from Wall Street to Main Street. According to the owner the revenue drives from 2 sources, one is the fee for designing and creating concept and then 10%-18% commission on equipment sales. These revenues run $4,000,000 to $5,000,000 a year which translates into $500,000 to $600,000 net profit. They can make the revenue and net profit a lot higher if they start biding on different jobs and projects. So far they decided not to do that, because they are very well known in the industry and projects come to them and they are in the position to accept or reject a certain projects. There is an in house design team which some of the members have been with the company for a long time and most of them intend to stay with the company. Even the current owner would stay with the company in a consultant or sales person position on the commission basis if he is asked. The ideal candidate is a large restaurant chain or restaurant equipment company which could utilize the expertise and market presence and familiarity of this company to ensure success and profitability of their own through savings on designs and/or selling equipments. Contact for more information on this Culinary Design business for sale.


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