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Listed by:

Sunbelt Seattle/Olympia, WA

Broker license number: 139518

Turnkey Commissary Kitchen For Sale

Redmond, Washington, US
Asking Price:
$95,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Are you looking for an easy to manage, fully appointed commissary kitchen which is currently cash flow positive? Then this well-regarded kitchen on the Eastside is a must see.

Key features of this listing include:
1)Kitchen is currently ~50-60% occupied due to COVID-19 6-ft distancing rules but is profitable even at this capacity.
2)Kitchen is managed by 1 PT employee working only a few hours a week.
3) Is approved/regulated by King County Health and WA Dept of Agriculture thus allowing both retail and wholesale accounts.
4) All accounts are under contract for typically up to 6-mth terms. Some hour by hour rentals also available.
5) Leased space with potential for term extension for approved buyers.
6) Sale includes ~$30k in FFE including ovens, walk-in fridge/freezer and other equipment.

Growth opportunities in this kitchen focus on a few areas. Firstly, as COVID-19 restrictions ease then more accounts can be assigned to the kitchen at any one time. Secondly, the kitchen is rarely used at nights and hence could be an area for expansion. And finally, the addition of new equipment could open the potential for new kitchen use and with that new accounts.

Business is currently generating $3-4k a month in profits with fluctuation related to monthly account usage. This earning capacity plus around $30k in FFE provide a solid basis for the price being asked for this business.

Seller is moving onto other opportunities and is willing to provide a positive transition to a new buyer.

Please contact Sunbelt Seattle for an NDA and more details on this listing.

Property Information

Real Estate:

Lease

Premises Details:

ON REQUEST

Size in square feet:
1917 sq ft

Business Operation

Expansion Potential:

Growth of the business will be linked to: expanding the number of accounts, open nightly use and expand equipment on site.

Competition / Market:

Very few commissary kitchens on the Eastside of Seattle.

Reasons for selling:

Other interests

Employees:
Part Time: 1
Years established:
2

Other Information

Support & training:

30 days training and support provided.

Furniture / Fixtures value:
$30,000 - included in the asking price

Contact Sunbelt Seattle/Olympia, WA

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