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Highly Profitable Restaurant/Bar With Massive Patio In Victoria For Sale

Victoria, British Columbia, Canada
Asking Price:
$1,700,000 (CAD)
Sales Revenue:
Over $5M (CAD)
Cash Flow:
$600,000 (CAD)

New Exclusive Business Listing | Highly Profitable Restaurant & Bar

Outstanding opportunity to acquire a highly profitable restaurant with massive patio.

This well-established business has a high traffic location and boasts a liquor primary as well as a food primary liquor licence allowing the business to operate from morning to late into the evening.

This well-run business has great systems in place, a large fully vented commercial kitchen.

The owner oversees the operation and has mangers in place to handle the day-to-day operations.

Sellers discretionary earnings in excess of $600,000 for 2022 making this a very profitable business.

NDA required for detailed information.

Property Information

Real Estate:

Lease

Lease Terms:

Current Term to Aug 31st, 2024 + options to renew.

Location:

Located in Victoria BC in an excellent hig traffic location with access to both tourist and local traffic.

Premises Details:

Fully licensed and commercial vented restaurant and bar.

Size in square feet:
6,700

Business Operation

Reasons for selling:

Retiring

Trading hours:

8am - 10pm d days a week

Lounge open to 1 am Friday and Saturday.

Employees:
Varies seasonally
Years established:
8+

Other Information

Support & training:

Transition training available to ensure a smooth transition of ownership.