Property Details

123 Catering Avenue
Edmonton (A2238371)

$365,000
800 ft²
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Interest Rate
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* Amounts are estimates only. Final payment amounts may vary.

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 ***

Property details

Basic Info

MLS® #
A2238371
Property Type:
Commercial
Subtype:
Business
Subdivision:
Sherwood
Price
$365,000
Sale/Lease:
For Lease
Size:
800 sq.ft.

Building Info

Structure Type:
Other
Garage:
No
Fence:
Basement:
No
Inclusions:
Equipment List will be provided upon signing the NDA

Business Info

Business Type:
Deli/Catering,Food & Beverage

Listing Info

Possession:
Negotiable
Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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