The established thriving restaurant has continued to grow each year, creating a very good reputation for itself. This year’s sales are up 12% even with the poor winter weather. It is not a franchise even though it looks like one, with over $1m invested in assets and leasehold improvements. Price was just reduced as owners have another project that they require money for.
Turnkey and ready for an experienced operator. All systems are in place.
- Asking Price:
- $1,150,000 (CAD)
- Sales Revenue:
- $2,000,000 (CAD)
- Cash Flow:
- $400,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 year lease
- Leasehold Rent:
-
16500 per month per annum
- Location:
-
Shopping plaza district
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Owner has other business interests
- Years established:
- 2023
Other Information
- Furniture / Fixtures value:
- $750,000 (CAD)
- Inventory / Stock value:
- $10,000 (CAD)
