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Restaurant In Halifax For Sale

Halifax, Nova Scotia, Canada
Asking Price:
$195,000 (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

Return to Stability

In the recovery period, restaurants' top priorities ought to include updating operating procedures, reactivating customers to bring them back into restaurant dining rooms, adjusting menus to address shifts in customer habits and preferences, and enhancing delivery capabilities.

A trip to this high traffic European Restaurant is sure to leave you with a smile on your face as you enjoy their cozy atmosphere and an authentic European cuisine guaranteed to whet your appetite. Using the freshest local ingredients, their dishes are prepared to serve you a delicious, hearty and healthy meal. Eat-in, take-out, or take advantage of their catering for that special occasion.

The restaurant was opened in 2004.The first seating capacity of the restaurant was 25 people. The owners expanded the restaurant's capacity in 2009. The seating capacity of the restaurant increased to 75 people.

Property Information

Real Estate:

Lease

Lease Terms:

Lease will be renewed as a condition for the new owners.

Leasehold Rent:

$113,000 (CAD) per annum

Location:

Halifax, Nova Scotia

Size in square feet:
2003 Sq. Ft.

Business Operation

Expansion Potential:

Expansion potential with catering and delivery

Competition / Market:

No direct competition in this European restaurant category.

Reasons for selling:

Health Reasons.

Trading hours:

Sunday to Thursday 12 noon to 9 pm.
Friday and Saturday 12 noon to 10 pm.

Employees:
Nine Employees
Years established:
2004

Other Information

Support & training:

The current owners will stay on to train the new owner(s). They are prepared to discuss how much time the new owners will need for training.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Bank Financing is available to Approved Purchasers

Furniture / Fixtures value:
$200,000 (CAD)

Contact Muise Mergers & Acquisitions Inc

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