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$ 365,000
Active
123 Catering Avenue Edmonton, AB T8B1C6
800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 800 sqft
Subdivision Sherwood
MLS® Listing ID A2238371
Source Calgary Real Estate Board
Property Description
Established Catering Business – 26 Years of Excellence!!! Strong Brand Recognition & Industry Niche, Corporate Client Base. This well-established catering company has been serving corporate and private events for 26 years under the same ownership. Specializing in large-scale corporate catering, they provide diverse buffet options for events ranging from 150 to 3,000 guests. With the post-pandemic surge in weddings, corporate functions, and private events, the catering industry is poised for growth. There is also potential to expand into a ghost kitchen for Skip The Dishes and Door Dash deliveries.In 2022 alone, the company generated $266K in sales from just 22 events. They maintain a strong social media presence and cater to large corporations, giving them a competitive edge. Few businesses in Edmonton can handle events of this scale. Their reputation for reliability, efficiency, and trustworthiness has earned them a loyal corporate clientele. The business operates from an 800 sq. ft. commercial kitchen with no business taxes. The lease is $1,229.55/month, expiring on September 1, 2025, with a first right of refusal to purchase the building. *** A non-disclosure agreement (NDA) is required prior to releasing detailed financials and business information. *** This is a Business Assets Sale – Real Estate is not included *** (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Acceptable Financing Monthly
Listing Terms Monthly
Listed by First Place Realty