Excellent opportunity to own a restaurant and lounge that has been servicing Calgarians for over 20 years.
This location is right in the heart of the action and has a covered patio and is well established with sales around the 1.9 to 2.1 million range over the past several years. Last years financials revenue was $2,127,919.
SDE Sellers discretionary earnings as per last years financials was $189,394 this does not include some other adjusted normalization line items that the owner is taking home personally. So the SDE is higher than this which can be referenced on the profit and loss statement.
Inquire for more details and will send you a summary and breakdown. Once an NDA is signed then further details will be provided.
Price $700k
