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Listed by:

Sunbelt Business Brokers - Halifax

Popular Halifax Cafe For Sale

Halifax, Nova Scotia, Canada
Asking Price:
$220,000 (CAD)
Sales Revenue:
$500,000 (CAD)
Cash Flow:
$50K - $100K (CAD)

Highly visible North End main street location with steady foot traffic. This turnkey café space offers flexibility to continue the current concept or introduce a new hospitality vision. Existing infrastructure and second-generation equipment help keep startup investment low.
Attractive lease in place with 7 years remaining on current term plus renewal option period. Current base rent is $36K per annum plus half of property taxes estimated at $6K per annum for total current rent of $42K per annum.
Annual revenues have been in the $500K range per year operating 7 days per week from morning to early afternoon. There is potential for additional revenue through expanded hours of opening.
Asset sale including furniture & fixtures, leaseholds, equipment plus goodwill. Bank loan secured by business assets will be repaid at closing.
Great opportunity for individual or couple looking to operate a café or for existing operator looking for new locations.

Property Information

Real Estate:

Lease