Advert Ref: MN2002

Catering Company And Commissary Kitchen, East Bay Area For Sale

  • California - North
Asking price:
$795,000
Sales revenue:
$1m - $5m
Net profit:
Undisclosed

Photograph of this business for sale

OPPORTUNTY: This boutique catering company offers locally sourced and sustainable food in the form of custom buffet stations, passed cocktail appetizers, and carefully curated multi-course meals. This company is firmly established on many high-profile, preferred caterer’s lists that include some of the largest tech companies, financial institutions, and venture capital firms located in the Bay Area. Pre-COVID, this business was averaging $2M in annual gross sales for the past two years. In 2018, the owner moved catering operations into a historic, downtown building which he extensively renovated; this building is the location of the café and bar also for sale.

The beautifully renovated building is a 3178 sq.ft. multi-use event space and can host upwards of 200 guests with a full-service bar, mobilized coffee cart and counter service, as well as an outdoor patio area. Located on the lower level of the event space is situated a 3600 sq.ft. custom-built commissary kitchen with ample storage, equipment, storage, and refrigeration. The catering company now utilizes this beautiful and highly functional commissary kitchen.

2019 Gross Sales Splits:
Catering: $2.3M
Venue Bookings: $360K
Café: $100K, 1st year of operation

ADDITIONAL DETAILS:
- Rent is $19,570/mo. plus CAM fees.
- Approximately 8,000 sq.ft. includes ground and lower levels, chef’s office, and outdoor patio.
- Under normal conditions, 5 sub-lessees utilize the commissary kitchen.
- Type 47 Liquor License and Type 58 Caterer’s Permit.
- Lower level is accessible by stairs as well as two elevators (one public-use and one freight).

PRICE INCLUDES: Goodwill, Leasehold Interest and all Fixture, Furnishings and Equipment

*The picture used in this advertisement is NOT the catering business or commissary kitchen for sale. This picture is for reference and depicts a commissary kitchen and catering staff that may share similarities to the one that is available for purchase.

Property:
Leasehold

Reasons for selling:
Owner is pursuing other business ventures and projects.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Seller will consider Owner Financing to qualified buyers.
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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