Hot Listing
North Carolina’s Largest Shared Commercial Kitchen Platform
Business Description
Potential to Purchase Owned Real Estate
Offered for sale is a turnkey, scalable and profitable co-working kitchen rental business with three attractive locations in North Carolina. A hub for entrepreneurs in the food industry, this business gives food entrepreneurs access to professional kitchen space without the high costs of ownership. With premium equipment, food safety processes, delivery systems, marketing assistance, and guidance with local regulations, this business houses a variety of restaurants under one roof, offering customers a wide range of food options for takeout or on-the-go meals. This growing business has enjoyed a 17% growth in profitability over the past three years.
About the Business
- Years in Operation
- 12
- Facilities & Assets
- The company has facilities in three key locations in North Carolina. All of the locations are leased. The owners of the newest facility, primarily affiliates of the owner, are willing to sell that facility should a buyer wish to purchase it. This would be a separate transaction from the sale of the business.
- Market Outlook / Competition
- While the company has competitors in each of its locations, it does not know of another company as diverse and innovative in its space.
- Opportunities for Growth
- The company’s growth strategy, which can be accelerated under new ownership, is to expand geographically and to secure new business relationships.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- The Seller wishes to concentrate its efforts on other elements of its portfolio.
- Transition Support
- The owner is committed to a successful transition to a new owner. The current owner has offered to spend up to 2-weeks of dedicated, in-person time with the new owner as the new owner requires. Additionally, in the event the new owner requires support beyond 2 weeks, the current owner will provide support on a consulting basis at a negotiated rate.
Listing Info
- ID
- 2407988
- Listing Views
- 392
Listing ID: 2407988 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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