Commercial Kitchen with Easy On/Off Freeway Access

Petaluma, CA (Sonoma County)

Commercial Kitchen with Easy On/Off Freeway Access
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Asking Price: $55,000

Established: 2016

Commercial Kitchen with Easy On/Off Freeway Access

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Asset Sale Description

This fully outfitted Commercial Kitchen located in Petaluma with easy freeway access is perfect for a catering kitchen, ghost kitchen or food manufacturing kitchen. Seller operates a food wholesale business with on-premise shipping and a small retail space. Labor costs are kept low as one office person is required to run the wholesale logistics while also tending to the needs of retail customers. The premise is set-up to promote products with customers, establish brand relationships, R&D product test, cook, assemble, package and ship products. *operator must maintain minimum retail operations as the premise is located in a retail center*

ADDITIONAL DETAILS:
-Premise is 1, 680 sqft (approx..) and features a small retail shop in the front as well as a lovely outside seating area with a community table, benches and an umbrella and lots of potted plants

-Rent is currently $2,268.00 (approx.) monthly with $1,604.81 NNN (approx.). Current lease term expires April 30, 2021. Qualified Buyer can negotiate more lease term with landlord.

-Kitchen features an 8'-0" Type-1 hood with a 3’-0” flat top grill and a 4-burner stove; Bakers Pride Convection oven; a 11'-4" X 7'-7" (approx.); -----Walk-In Refrigerator with 4 glass reach-in doors; Hobart 80 Q floor mixer; 11’-6” warewashing sink with pre-rinse nozzle and drainboards each side; 2-compartment prep sink; 2 handwashing sinks; mop sink; and much more

-Seller works 15 hours per week (approx.) with a staff of 2 part-time and 10 fulltime employees who have been under the employment of the current business for many years and may be available as employees to the Buyer

-Seller has operated in this location since 2016 and current hours of operation are Monday-Friday 10:00am-6:00 pm

-Premise is permitted with the FDA and the Sonoma County Health Department as food manufacturing facility

***Seller’s DBA, recipes and brand collateral are not included in the sale***

Price Includes: Furniture, fixtures and equipment, leasehold improvements, and goodwill are included in the sale. Fixed assets are property of the landlord and some personal items may be excluded.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.

Detailed Information

Location:
Petaluma, CA
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Ryn Longmaid

Asset Sale Listed By:
Ryn Longmaid

Santa Rosa Business & Commercial

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


Sponsoring Broker:
Mike Nova

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Ad#:1768616

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