123 Catering Avenue

Business For Lease in Sherwood, Edmonton

$365,000
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 ***
Address
123 Catering Avenue
List Price
$365,000
Lease Price
1229.55
Lease Unit
Sqft.
Lease Term
Monthly
Property Type
Commercial
Type of Dwelling
Business
Transaction Type
lease
Area
Edmonton
Sub-Area
Sherwood
MLS® Number
A2238371
Listing Brokerage
First Place Realty
Postal Code
T8B 1C6

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Riccardo Magliocco

Grassroots Realty Group South

Office: 403-795-6111

Email Directly

1602 3 Ave South Lethbridge Alberta T1J 0L2