Description

Business Type; restaurant with property + owners dwelling + 2 rental suites
Price $879,000
Revenue $428,000
Cash Flow $90,000
Years in Business 25
Inventory Plus ($5,000)
Type of Sale Share or Asset

Description:

Well established excellent restaurant business 86 seats + 24 patio. Turn Key operation for a new owner, licenced, certified, updated.

Well-established business, very organized.


Facilities: Two floor building, with 3000 SF on each level. 1st floor is restaurant business 2nd floor contains 3 self-contained suites; currently the owner resides in one of the suites, a very nice two-bedroom, and updated spacious unit. Two other suites are rented out.


Growth/Expansion: Business well established with great reputation and customer base. Growth potential exists with effort from new owner; business has operated with minimal promotion/marketing, one service per day, could be two. Suites could also easily produce more revenue.


Reason Selling: Owner is looking to retire

Posted Jul 28, 2016

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