- Listing ID: 818220
- (Seller ref: EdmonAB001-N61)
100 Seat Casual Dining Family Restaurant South Edmonton For Sale
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Summary
- Asking price:
- $165,000 (Furniture / Fixtures included)
- Sales revenue:
- $580,000
- Cash flow:
- $66,500
- Franchise opportunity:
- Yes
- Years established:
- 7
- Employees:
- 3FT/4PT
Business description
Accessed by a high-traffic road in South Edmonton. This franchised restaurant may continue with the same concept for the right operator but can be re-branded as a new independent. Excellent opportunity for an experienced, self-motivated operator to develop the business potential. Future commercial development in the area includes a hotel, senior home, residential houses and a major car dealership. Business operated for close to seven years and owners wish to spend more time with family.
Property information
- Real Estate:
- Lease
- Lease terms:
- Expire Nov 30, 2012
Two further terms of 5 years each
- Leasehold rent:
- $69,000 per annum
- Location:
- Prime traffic location, South Edmonton
- Size in square feet:
- 2,922
Other information
- Reasons for selling:
- Family commitments
- Trading hours:
- 7 Days
- Furniture / Fixtures value:
- $150,000 (included in the asking price)
- Inventory / Stock value:
- $6,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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