This well established restaurant and event venue offers a unique seasonal business model with strong revenue potential and an excellent location. The business features, casual fine dining, café, and bar service with an impressive outdoor patio and beer garden overlooking the ocean. A fantastic opportunity for the right operator to build on this Successful foundation and capitalize on the event, venue and tourism market in Nova Scotia. The business is well staffed and positioned for growth. Owner prepared to assist with financing for the right owner/operator.
- Asking Price:
- $30,000 (CAD)
- Sales Revenue:
- $242,000 (CAD)
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Current owner owns property so the lease term is flexible
- Leasehold Rent:
-
$4000 per month per annum
- Size in square feet:
- 3,000
- Planning Consent:
-
Large expansion potential
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Great opportunity to expand the existing outdoor patio.
- Reasons for selling:
-
Owner seeking strategic partnership with experienced restaurant management expertise to optimize menu, economics, operational, efficiency, and profitability. Current owner operator remains deeply invested in the businesses, long-term success, and will retain minority equity stake. Flexible, transition support available to ensure seamless handoff to the right partner – operator.
- Employees:
- 5 FT 1 PT
- Years established:
- 2021
Other Information
- Financing available:
-
Current owner will retain 25% equity interest plus property assets. Buyer will receive 75% equity interest plus right to determine operational involvement of the partner. purchaser will also have opportunity to buy the assets of the business with terms and conditions to be mutually agreed upon.
- Furniture / Fixtures value:
- $50,000 (CAD)
- Inventory / Stock value:
- $2,500 (CAD)
