Established Box Lunch And Catering Business
Location United States
Asking Price Range < $250K
Gross Revenues $543600
Net Profit / Cash Flow $159000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Established Box Lunch And Catering Business With $159,000 Profit With Lots Of Upside, Low Rent
RRC#: 1817
Asking Price: $199,000
Location: In central location, Alameda County, California
Yearly Revenue: $543,600
Yearly Cash Flow: $159,000
Monthly Rent: $1,000
LISTING DESCRIPTION:
This established business makes catered lunches and largely box lunches for company meetings and corporate events. Some of their clients include: Union Bank, United Airlines, University of San Francisco, University of California Berkeley and Haas Business School, Smith Barney, Samuel Merritt College, Rolls Royce, Redwood Day School, Prospect Sierra School, Port of Oakland, Peets Coffee and Tea, Pediatric Surgical Association, Pacific School of Religion, Oracle, Oynx Pharmaceuticals, Oakland Museum of Art, Intel, Hewlett- Packard, KQED, Lawrence Berkeley National Laboratory, etc. The business model for this business enables the owner to have a very flexible schedule. They can have weekends off if they choose as well as evenings. In the past, their business has allowed them to have time with their family. They have been able to travel, taking three weeks off at a time. When they have closed for a week in July or two weeks over Christmas/New Year, their customers are very understanding. There are certain times of the year when there are less meetings held and this gives the owners time to regroup/organize/rest. This is a very unusual feature with the food service industry. The owners have done very little to market this business and even without a real marketing effort, they have experienced growth year after year. They feel there are many untapped avenues within their existing client base. If they were to expand their existing off and full service catering, they feel there is great potential for further growth. They have a fabulous and very affordable lease and although it is a shared kitchen there is no time limit on the time they can spend in the kitchen and they have ple
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