Full service Catering business.

Pasadena, CA
listing image
Asking Price:$250,000
Gross Revenue:$1,300,000
Cash Flow:$135,000
Established Year:1989
BUSINESS DESCRIPTION

Free standing Building on the most traveled Blvd in Pasadena. The building size is 4,520 SF; lot size is 9,683 SF with front and back parking spaces. Rent is $7,725/MO, annual gross sales are $ 1,300,000 and the net income is $135,000. Has a large kitchen with 10” hood, walk-in cooler, freezers, refrigerators, prep room with stainless steel tables, as well as rooms for: utilities, uniforms, folded tables and chairs and a room with shelves for pots, pans, plates, cutleries and more. Available also is a dining area seating 40 patrons that can be served on premises. For 35 years this catering business has served countless clients through Pasadena and beyond. Services include; corporate and special events; birthdays, anniversaries, graduations, life memorials etc. Whether at customer’s home or his available office space, impeccable arrangements can also be made to serve any event. Moreover for large private parties and companies services can be provided in many facilities at which this business caters to. On top of all this is arranging for the big wedding day to be most impressive and memorable. All equipment (a list on file), furniture, fixtures, website, customers” list, along with 3 vehicles are included in the sale. This one of a kind opportunity has a great room to grow. Buyer can benefit from the good reputation and somewhat built-in clientele base to grow this establishment to its full potential


DETAILED INFORMATION
Location
Pasadena, CA
Inventory
Not Included in asking price
Employees
4
Facilities
Free standing business, The bldg. size is 4,520 SF, lot size is 9,683with front and back parking spaces. Fully equipped with all equipment, furniture and fixtures and 3 vehicles included in the sale.
Competition
Business is in a prime location on a major street. No competition to this long established ,full service catering establishment. It is the largest in size and the most extensive in services.
Growth & Expansion
Great potential to expand business by hiring more labor, be active on social media advertising etc.
Support & Training
Seller will train.
Reason for Selling
Has a different interest
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Michael Raad
Berkshire Hathaway golden realty
Michael Raad