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5 Day Cafateria Opportunity In Large Distribution Fulfillment Center
Advert Id: 55728, Sellers Ref: (4889)Location:Riverside County, California
Category:Cafe and Coffee Shop
Asking Price:$250,000
- Sales revenue : $339,208
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
This is a great opportunity to own a cafeteria with unbelievable benefits. If you are tired of working 24-7 in the restaurant business, this fabulous once-in-a-great-while chance to take over existing operations of a cafeteria will let you have a “normal” life while working “normal” hours.
Located in the Inland Empire, this 4000 sq. ft. cafeteria is located inside a HUGE (about a one million sq. ft.) distribution and fulfillment warehouse with approximately 700 employees working 24-7. The current owner has been owner-operator employing 4 employees since November 2010. The current cafeteria hours are from 6:30 AM – 7:30 PM and it is open M-F.
There is NO RENT and No Utilities. There are NO royalties paid to the company, which licenses the cafeteria (and runs the warehouse). There are NO maintenance fees for the equipment because the company that runs the warehouse also owns all the equipment fixes it when it goes down. There are NO Health Dept. fees because the company also pays for this.i
You need restaurant experience, a solid reputation because a background check will take place and good people skills to keep the management and employees happy. You can continue with the same menu or with approval from the company, add other items. Bring your own employees and some liability insurance and you are in business.
The new owner will also have rights to the ATM machine in the restaurant and vending machines currently located throughout the building.
The company is growing, adding two more buildings to their growth. Some vending machines are already in place.
Kitchen is all there: hood is approximately. 20 ft., Warmers, Freezers, Steam Oven and Salad Island are just some of the equipment at your use.
Owner is providing last years financials showing $339,208 in total sales and $51,450 in payroll expenses. Owner works in the business and his salary is not included in this figure.
This public traded company is huge and during the months of Sept-December, they add temporary workers at the rate of 50-75 per day. They are a very large distribution company shipping for the biggest names in the industry.
Huge upside from Broker’s perspective: Release current 50% partner in Vending machines and bring in your own. Add catering and open more hours. Increase sales by adding more variety in the menu.
Other Information
- Real Estate: Inside Sq. Ft.: 4000 Hood System Type 1: Yes
- Years Established: 2008
- Employees: 4
- Trading Hours: M-F 6:30-7:30 PM
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