Catering Company & Commissary Kitchen - East Bay Area

CA

Seller Financing Available
Elle Hughes - Pexels
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Asking Price: $695,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $19,570 per Month

Established: N/A

Catering Company & Commissary Kitchen - East Bay Area

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Business Description

New Price Reduction! Seller Financing Available to Qualified Buyers.

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.

Detailed Information

Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
12/1/2027
Reason for Selling:
Owner is pursuing other business ventures and projects.
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Mike Nova

Business Listed By:
Mike Nova

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.

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