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Listed by:

Century 21 Advantage Commercial

Well Established Central Alberta Catering Company For Sale

Alberta, Canada
Asking Price:
$269,900 (CAD)
Sales Revenue:
$305,000 (CAD)
Cash Flow:
$82,000 (CAD)

The owners are ready to sell and have reduced the asking price on this fantastic business opportunity! Located in Central Alberta, this in-demand catering company has been in business for more than 30 years! Sales for 2023 are projected to be over $700,000 +/- and there are events booked well in to 2024, due to several repeat contracts and events! Already successful, there is plenty of room for a new owner to come in and grow the business even further through advertising and marketing. This is the ideal opportunity for an experienced chef wanting to be their own boss! With low staffing and rent costs, a new owner could be on their way to making over $200,000 cash flow in their first year in business. Contact Team Hansen today for all of the details on this fantastic opportunity and find out how you can make this business yours in 2024!

Property Information

Real Estate:

Lease

Lease Terms:

Building Size: 1,141 Square Feet
Options to Renew: No further options to renew, will continue month to month after lease term ends.
Base Rent: Current: $1,338.47 Monthly. $16,061.62 Annually (+GST)
Additional Rent: Estimated $700/Month. $8,400 Annually.
Total Rent: $2,200/Monthly Including All Taxes and Fees as of November 2023. $26,400/annually
Current Lease Term: Month to Month

Leasehold Rent:

$26,400 (CAD) per annum

Location:

In a busy central Alberta City

Premises Details:

Owner runs business out of 2 bays, one is rented, one is owned. Each are 1,141 square feet

Size in square feet:
2,282

Business Operation

Reasons for selling:

Contact Team Hansen for details

Trading hours:

Office hours, Monday to Friday 8:00 AM to 5:00 PM
Events as needed

Employees:
5
Years established:
29

Other Information

Support & training:

Seller will train to buyers satisfaction

Financing available:

Contact Team Hansen for details