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Profitable And Growing Restaurant In Downtown Halifax For Sale

Halifax, Nova Scotia, Canada
Asking Price:
$260,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

For sale: renovated 30-seat Mediterranean restaurant in a prime, high-traffic location in Halifax. The recent renovation includes an open kitchen and warm ambiance. All equipment is newer and in excellent working condition. The landlord offers a renewable and transferrable 5-year lease term.

Current revenues range from $18,000 to $25,000 per month. The business is fully equipped with state-of-the-art equipment, including a POS system. The purchase price includes all furniture, fixtures, equipment, and inventory.

This turnkey operation is perfect for a passionate new owner to continue its legacy of culinary excellence. Take advantage of this opportunity to step into a thriving business with limitless potential for growth and success. NDA required.

You can eat meals from all around the Mediterranean, all in one place. in the nice cozy atmosphere that suits everyone, from a single person bar-seated way to a couple's small tables to a family’s private-chambers to a fun traditional sit-in area.

Property Information

Real Estate:

Lease

Lease Terms:

$6,000 per month in rent/lease

Location:

Downtown Halifax

Premises Details:

Full dine in restaurant

Size in square feet:
2,000

Business Operation

Expansion Potential:

Add additional menu items

Competition / Market:

Other restaurants in the area however, none of which are Mediterranean.

Reasons for selling:

Retiring

Trading hours:

11am-11pm

Employees:
3

Other Information

Support & training:

Owner willing to stay behind to provide 2 weeks worth of training for a new owner

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price
Inventory / Stock value:
$40,000 (CAD) - included in the asking price