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Catering and Hospitality Investment Opportunity
Ottawa, Ontario
Asking price $: 890,000
Sales Revenue $: Avaiblable on request        Cash Flow $: 220,000
Business Description

Do you plan to invest on a rewarding property and at the same time a well-established and dynamic business, all in one magnificent location in Ottawa? Then this complete venture package is a once in a lifetime opportunity that you should not miss.

This investment is a classic 2-storey white farm home built 14 years ago. It is just across an 18 hole golf course enclosed by pastoral landscapes. The infrastructure has 6 bedrooms situated in a wonderful 2.6 acre countryside property. All living areas come with complete furnishings and fixtures such as a dining set, sofa and lounges, beds with cushions, wardrobes, closets, drawers and cabinets, among others. It also includes a newly renovated venue that can house approximately 200 guests for exclusive events and special occasions. Its modernized kitchen is equipped with working cooking tools and complete with appliances. The outdoor part of the landscaped property looks like a nature park, which is ideal for hosting alfresco dining parties, weddings, community festivities, church events and more. It is vast enough to accommodate up to 500 people and it is also licensed by the LLBO. A spacious on-site parking space is also available where over 100 cars can easily fit. Also, an enclosed storage area is provided that can be used for equipment, props and even vehicles. There is a separate back entrance and a veranda that offer more privacy and a clear view of the greenish countryside scenery. Such upgrades done by the current owner have preserved this majestic property’s original rustic charm, while offering customers the conveniences of a modernized life. The whole business arrangement makes it so easy for the new owner to maintain a balanced family and business life

This catering and hospitality business has earned an outstanding reputation when it comes to customer service, attention to detail and food quality. Thanks to its highly professional and well-trained staff who are responsible for turning everyday events into memorable occasions. The company also has a well-structured business plan, an innovative branding strategy, an informative website and a wide range of price and event customization options. All these have contributed to the steady flow of revenues, which increased by over 675% during the past 5 years. Moreover, the current owner is offering a financing scheme or vendor takeback option if the down payment is sufficient upon signing the confidentiality agreement.

Detailed Information
Expansion Potential
This investment has been managed by the existing owner’s family for the past 14 years. It has proven a substantial amount of earned gross revenues, especially right after its renovations. Its network clientele can still expand by developing stronger branding and marketing ideas. With its existing informative website, you can post discounted offers, advertisings and in-season promotions. You can also maximize the use of print and social media to attract new customers and heighten the awareness of the public to the existence of this venture.
 
Employees
There is a good number of full-time and part-time employees who are willing to stay for the next 3 years to support the new management. They are all professional, well-experienced, reliable and hardworking.
 
Competition / Market / Profit Trend
There is very little competition for this business because it is the only catering and hospitality business within a 35 kilometer radius in the locality. There is no other company that is able to host on-site events for over 500 guests. Since it has demonstrated first-class customer service to its patrons, the company has become the exclusive organizer when it comes to planning, preparing and supervising private and corporate events.
 
Year of Establishment
2002
 
Support, cooperation & training
The existing owner is willing to provide a comprehensive training for a couple of weeks to be able to ensure a successful transition of the business to the new management.
 
Business Category: Real Estate , Hospitality

Business For Sale Marketplace In Ottawa

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