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Listing ID: 2656916

Amazing British Style Restaurant In Parksville For Sale

Parksville, British Columbia

Asking Price:: $250K - $500K (CAD) Furniture / Fixtures included

Sales Revenue:: $500K - $1M (CAD)

Cash Flow:: $50K - $100K (CAD)

Amazing British Style Restaurant

This very busy “Destination” British Themed Restaurant has it all. Established in 2003 and set in a popular tourist seaside town. It has fabulous reviews and is voted number 3 of 60 in the area, with over 1000 regular customers. Seating over 70, it's Fully Licenced, with some British Beers on tap,
Full Menu, serving 70% Fish and Chips, plus Pies, Bangers, Burgers and more. Loads of Growth Potential to easy one million dollars a year revenue. With a local population of 50% British ex-pats, you will be never short of customers. Would suit a British family or 2 couples.

If interested please contact the seller through the form on this page.

Property information

Real Estate:: Lease

Lease Terms:: 2 years left, but highly wanted my the Mall.

Leasehold Rent:: $48 (CAD) per annum

Location:: Sunny Parksville. Vancouver Island has the best climate in Canada, with only 1 week of snow a year. The Island is around the size of England itself but with a population of under 800.000.
It’s numerus Lakes, Forests and Mountains make it one of the most beautiful places in the world to live.

Premises Details:: Set in a Mall near the tourist area on the entrance to town
$80.000 Kitchen upgrade and $100.000 Medieval Extension doubling the size 3 years ago.

Size in square feet:: 3,000

Planning Consent:: Everything Done

Business Operation

Expansion Potential:: With a local population of 50% ex-Brits we have around 1000 regulars, and lots of room for growth.

Competition / Market:: Currently the only British Fish and Chip Restaurant in town.

Reasons for selling:: Owner retiring

Trading hours:: Tuesday to Saturday 11.am to 8.pm.

Employees:: 11

Years established:: 13 years current onwer for 6 years

Other Information

Support & training:: Help with training and takeover

Furniture / Fixtures value:: $200,000 (CAD) - included in the asking price

Inventory / Stock value:: $20,000 (CAD)

Website:: Login or register to view link

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