Total of 18659 firms and businesses for sale today Wednesday 1st May 2024
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Absentee Corporate Catering Business For Sale In South Bay

LISTING DETAILS
Firms For Sale ID:
9945
Vendor reference:
993909
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$200,000  
Turnover / revenue:
$35,000
Net profit / cashflow:
$349,538

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Absentee operated catering business specializing in catering to B2B customers such as the Craft Services of the Film and Television industry and Fortune 1000 companies situated in the Western portion of Los Angeles County, namely the South Bay and West LA. The leased space is approximately 2,000 square feet with an interior dining seating capacity of approximately thirty. The facility is also conveniently located approximately 600 feet from on ramps to both directions of the 405 freeway. There is a long term lease in place with reasonable indexing. Current staff consists of longtime employees that have been with the company for many years prior to the current owner taking over. The business includes two delivery vans. Business operates short hours, Monday through Friday 8 AM to 3 PM. The owner has a full time job, so this business is operated absentee and is underperforming, which is the reason for sale. Seller is motivated and ready to carry a 50%; note to accommodate a qualified buyer. For more information, please contact Pramod ';Peter'; Patel at (310) 539-8300.