Profitable Family Restaurant

Profitable Family Restaurant

Profitable Family Restaurant

LISTING DETAILS

Listing ID: 3394

Type of Sale: Asset/Share
MLS Code: Exclusive
Industry: Restaurant / Bar
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $320,000

ASKING PRICE
$320,000
DESCRIPTION

Amazing opportunity to own a popular family restaurant. Open for breakfast, lunch, and dinner 7 days a week. In this location for almost 30 years, well known among clientele and is an established local brand. Easy highway access with a growing population and neighbourhood development. The 3,300 sq ft space consists of a bar, main dining room, private dining room, office and washrooms. The private dining room brings in additional revenue as it is a well-known spot for businesses and associations to hold meetings and events. Great online reviews, an easy-to-navigate website, and offering delivery have contributed to this business's success. Turnkey operations with all processes in place for a smooth transition. Seller wants to retire and will train for easy hand off. Don't miss out on this fantastic opportunity! Listing ID: 3394

COMPANY INFORMATION

Year Established: 1993

Franchise: No
Square Footage: 3,300 sq ft

Monthly Rent: $7, 385 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $825,000
SDE: $100,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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