3200 square foot restaurant and pub with profit showing in the first year and huge potential for growth.
Large, clean kitchen with $100k in equipment plus $125k in leasehold improvements.
Pub has four video lottery terminals with the opportunity for additional terminals annually.
Existing marketing plan and customer management system.
- Asking Price:
- $100K - $250K (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $500K - $1M (CAD)
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
4 years left on the lease
- Lease Rent:
- $25 (CAD) per sq ft per annum
- Location:
-
With over 10k residents plus 25k in surrounding areas directly around Willowgrove.
- Premises Details:
-
Located in a three-story building with commercial units on the main floor and two floors of condos above.
- Size in square feet:
- 3,200
Business Operation
- Expansion Potential:
-
Ground work already completed. Huge potential to take it to the next level and further.
- Competition / Market:
-
There is a take out pizza place but other than that this is the only restaurant in Willowgrove.
- Reasons for selling:
-
I want to retire to travel.
- Trading hours:
-
7 am until 11 pm
- Employees:
- 6
- Years established:
- 1 1/2 years
Other Information
- Support & training:
-
I am willing to offer as much training and support as needed.
- Financing available:
-
Canada Small Business Loans available up to $250k if you qualify.
- Furniture / Fixtures value:
- $200,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $25,000 (CAD) - included in the asking price
