This popular well established restaurant has a long record of profitability and great rent.
Truly, a gem of an opportunity for the right operator to carry on and profit from this business that has a regular clientele. Business is turn key and well staffed.
- Asking Price:
- $1,395,000 (CAD)
- Sales Revenue:
- $1,366,000 (CAD)
- Cash Flow:
- $466,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
6 years
- Leasehold Rent:
-
3050 + per mth per annum
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Opportunity to increase tables
- Reasons for selling:
-
Owner retiring
- Trading hours:
-
Daytime only
- Employees:
- 12
- Years established:
- 30+ years
Other Information
- Furniture / Fixtures value:
- $100,000 (CAD)
- Inventory / Stock value:
- $10,000 (CAD)
