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Proven Alexis Creek Restaurant For Sale

Alexis Creek, British Columbia
Asking Price:
$250,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$120,000 (CAD)
Cash Flow:
$72,000 (CAD)

El Tapatio restaurant in Alexis Creek, BC formerly known as Doodlebugs is in the heart of the Chilcotin and close to Williams Lake (113 km). It is a cozy, welcoming restaurant that seats 50 both inside and outside on the back patio. The restaurant is in a prime location with excellent highway frontage and well established clientele with a facebook page and website. This turnkey, year-round business offers a positive cash flow and an opportunity to be your own boss with low overhead and minimal staffing. Attached to the restaurant is a two bedroom living suite with private bathroom, washer and dryer.

It includes a Queen Size bedroom suite and double, with an office space and artists space. The POS system is new and state of the art installed July 2017 by a CPA and computer company. It is easy to use and provides useful reports for tax reporting requirements. The restaurant is licensed and owners have made many upgrades including a $20,000 heating and air conditioning system, new hood, deep fryers (3), beautiful oak tables and buffets, a new bar, new fridges and freezers. There is direct TV with shaw for events such as boxing, rodeos, sports like soccer world events).

There is a firepit area complete with lawn chairs and loungers for workers and staff to relax after a long day. The telus (CP Electronics) tower resides on the property. There is wifi for the owners and a $5.00 fee per month is charged for wifi usage to anyone requiring it. There is a full hookup for one RV, sewer, water and electrical by the back deck that can be rented for staff or others travelling through. It has community water and sewer, router, radio and wifi. El Tapatio has its own ATM machine. There is a full propane kitchen new 2017, barbecue, grill, fridge, sink.Taxes $840, water $125, sewer $134 annual.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Two room suite with private shower, laundry facilities.

Location:

High profile position on Highway 20, 7667 Alexis Creek, directly across from the General Store. Beautiful view of the Chilko River.

Premises Details:

1754 Sq. Ft. Building sits on .26 acre. Includes 50 seat restaurant and two room suite attached as well as one full RV hookup site.

Size in square feet:
1754 sq ft
Planning Consent:

Occupancy Load permit obtained to qualify for liquor license. No new work done on expansion or extensions due to fires setting planning back one year as there was restricted access. It is a C1 zone so commercial expansion can happen.

Business Operation

Expansion Potential:

Can expand to include gas bar. Business Plan available.

Competition / Market:

None on highway 20.

Reasons for selling:

Personal and will explain to the right candidate (largely health).

Trading hours:

Monday to Friday 9:00 to 5:00 pm. Sometimes extended hours for events.

Employees:
Varies from 4 to 2 depending on how busy.
Years established:
2010 operating as Doodlebugs under previous owners.

Other Information

Support & training:

We are willing to train for two weeks to one month for the prospective buyer. This is negotiable.

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$7,000 (CAD) - included in the asking price
Website:
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