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Catering Business Industrial Kitchen Burlington Ont For Sale

Burlington, Ontario, Canada
Asking Price:
$190,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$518,000 (CAD)
Cash Flow:
$180,000 (CAD)

♦ Well established Corporate Caterer serving the Burlington, Hamilton, Oakville and
Mississauga area in the past 31 years.

♦ No marketing, all repeat business from referrals, Fortune 500 customers, etc.

♦ Over 100 active customers, avg. 45-50 weekly orders. Mostly corporate customers,
also offers some private home catering, Jack & Jills, wedding rehearsals, (no weddings) etc.
Catering from 2 people to 1000.

♦ Fully equipped 1,875 sf. industrial kitchen, most customers are located within 5 km from
this premise. 5 day operation from 7am. To 2 pm.

♦ Price includes all equipment and 2 delivery vans.

♦ The business is operated by a couple plus 1 full time and 1 part time employees.

♦ Sales over $500,000 with over $180K net to owners.

♦ Great potential to grow this business based on their excellent reputation, by marketing,
targeted advertising, social media or just having a website and offer online ordering, etc.

Property Information

Real Estate:

Lease

Lease Terms:

Dec 31, 2021 + 5yrs. option to renew

Leasehold Rent:

$21,000 (CAD) per annum

Size in square feet:
1875 sf.

Business Operation

Trading hours:

M-F 7am-2pm

Employees:
2 owner plus 1 full and 1 part timer
Years established:
31

Other Information

Support & training:

Owner will provide training and assist in transision

Financing available:

Seller may consider to offer some financing for the right buyer.

Inventory / Stock value:
$5,000 (CAD)
Relocatable:
This business can be relocated.

Contact Information

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