1065 - Catering Company – No Seating – $89,900
This catering company kitchen is in an ideal location to service the Beltline and downtown for catering, take-out or delivery. The kitchen is conveniently laid out and is very well-equipped. Some regular clients and lots of opportunity in post-Covid era of catering and food delivery.
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross Sales: 2018 – $400,000; 2019 – $390,000; 2020 – open only as required due to Covid
Size in sq. ft.: 1,300 sq. ft. plus 300 sq. ft. of storage
Number of Seats: No seating
Number of Parking Stalls: 1 parking stall included
Style of cuisine: Catering for weddings, banquets, Children’s Hospital
Customer Demographics: Lots of regular clients; corporate downtown and Beltline
Type of service: Delivery
Hours of operation: 5 am – closing as required
Number of employees: 2 full time in addition to owner and his wife plus part-time staff for busy days and for banquets
Rate per sq. ft.: Gross monthly rent $5,400 which includes rent, CAM & GST, parking stall and electricity.
Tenant only pays gas utility which is approximately $350 per month.
C.A.M.: Included in above monthly amount
Lease Term: Goes to 2023
Option Periods: To be confirmed
Deposit held by Lessor: $1,800
Financing: Treat as clear title