This is a well-established restaurant in an excellent location, providing food and alcohol to a repetitive clientele, in a very high-traffic location.
- Asking Price:
- $595,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,942,186 (CAD)
- Cash Flow:
- $152,401 (CAD)
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Facilities include a complete kitchen, and bar, located on the main floor, of a busy street in Halifax County, NS.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is potential to grow the bottom line by better managing costs. Payroll and Food costs are presently well above industry averages.
- Competition / Market:
-
Due to the location there are nearby restaurants and bars, which actually make the restaurant busier, rather than drawing customers away.
- Reasons for selling:
-
The seller is retiring.
- Trading hours:
-
Monday-Sunday 12pm-8pm
- Employees:
- 14 FT/13 PT
- Years established:
- 14
Other Information
- Support & training:
-
Will train for 8 weeks @ $0 cost.
- Furniture / Fixtures value:
- $28,475 (CAD) - included in the asking price
