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For Sale: 5 Day Catering And Cafe Restaurant - Free Rent - Hayward, SF East Bay Area

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Current Status: Active     Posting #: 239820     Last Refreshed: 2/16/19    
Contact: Jerry (Owner/Seller) At 925-997-6746  -  Also Email This Contact Below
Price:  $349,000     Down:  Call / Email     Adjusted Net:  $170,000     Revenue:  $495,000    
Business Address:  None Given     City:  Hayward     Zip:  None Given    
Attributes:  Training & Support, For Sale By Owner     Cooperation With Brokers?  Call

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  Description About This Posting: 5 Day Catering And Cafe Restaurant - Free Rent
For sale by owner. Catering and Cafe Company in the heart of the east bay serving corporate and private events for over 25 years.This Catering and Cafe business is only open M - F from 9 to 2:30 and running at the current owner's comfort level, turning away clients due to health reasons. Owner's role includes client relations, booking, billing, purchasing and staffing of all event. He is looking to semi-retire.They don't advertise or do marketing so there is room to more that double the Catering and Cafe operations by expanding the customer base by having a sales person to target corporations that require frequent catering in the east bay.They have a chef-run kitchen and 2 employees.

The Kitchen has about 3500 sf of space that can accommodate catering parties from 10 to 10,000 people.The kitchen equipment consist of:16 Ft hood. 10 head stove with 2 ovens. 2 Baking Ovens.Deep Fryer.Hyper Steamer. 30qt Mixer. Various electric food prep units Walk-in freezers.Walk-in cooler. Cash register and computer.2 door soda machine.Deli case.Soda dispenser.Turbo-chef oven. 2 cold tables.Hobart Slicer. Ice machine. 5 stainless steel tables and multiple wood work prep tables.3 compartment sink.2 compartment sink with automatic dishwasher.Hot boxes and chafing dishes. 6in and 10in China plates, silverware, water glasses, wine glasses, and coffee cups for up to 300 people.Delivery van and mobile BBQ and smoker.The business has all the equipment needed to set up and serve all catering events.

There is an office, customer restroom and 3 additional separate store rooms. The business name, menu, recipes, POS system, branding, catering clientele and assignment of the lease all included in a sale. Delivery van and mobile BBQ and smoker are also included in the sale price. The business is in a strip center located in a dense corporate and industrial area with a great 10 year lease and 10 years option below market.

Monthly rent is $3590 all inclusive. There is a monthly income of $4000 and $1500 from 2 food operators renting a small section of the large kitchen in a non relating food service. So rent is free with a surplus of $1910 each month. Gross sales have averaged $460K for the past 3 years with the net to owner over $170K a year. Terms: all cash. Please, serious buyers only.The sellers will provide comprehensive training to ensure a smooth transition.

To get more information about this 5 Day Catering And Cafe Restaurant - Free Rent business for sale in Hayward, SF East Bay Area please phone Jerry (Owner/Seller) at 925-997-6746 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #239820 on BizBen.com. In addition to phoning Jerry (Owner/Seller), make sure you email Jerry (Owner/Seller) above to get more info about this 5 Day Catering And Cafe Restaurant - Free Rent, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Cheryl Maloney: Restaurant Broker Specialist - San Francisco

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Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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Elizabeth McGovern: Escrow Services - SF Bay Area

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