A unique opportunity to purchase a well established two-location restaurant brand in Winnipeg, Manitoba. These two locations are staples in the market having been around for over 20 years. The concept is a creative and healthier food option that is a proven brand - a buyer can expand the footprint to other major centers, or open more locations in the Winnipeg market. Current ownership does not participate in day-to-day management and each location has established and capable staff that would be part of the sale. Ownership is open to an asset sale and this will include working capital (primarily inventory of around $45k) plus all equipment, furniture and leaseholds (estimated at around $400,000). Turnkey business with everything needed, including all staff.
- Asking Price:
- $779,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,096,543 (CAD)
- Cash Flow:
- $163,903 (CAD)
Property Information
- Real Estate:
-
Lease
- Location:
-
Two great locations that the businesses have operated from for years. Well known locations.
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
Add more locations in the city, or expand this unique format to other cities across the country
- Reasons for selling:
-
Other interests / retirement. Ownership has had the business for 22 + years.
- Years established:
- 2004
Other Information
- Support & training:
-
Fully staffed, including long term GM's in each location. Current ownership is not active day-to-day in management.
- Furniture / Fixtures value:
- $400,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $45,000 (CAD) - included in the asking price
