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Revelstoke Restaurant For Sale

7/wk
Revelstoke, British Columbia, Canada
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Asking Price$250,000
Revenue$623,000 Established2004
Cash Flow$93,000 Employees18 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Revelstoke restaurant opportunity – Here’s your chance to own a successful restaurant in highly sought after Revelstoke. Minutes away from the most vertical skiing in all of North America and walking distance to the downtown core. Ample street parking and bike racks out front. Located on an owned 7764 sq.ft. property. Recipient of Trip Advisor’s certificate of excellence, limited marketing expenses and lots of return customers that are attracted by the world-renowned reputation. Profitable restaurant with proven returns, which have been growing substantially year over year. Systems in place where only a part-time presence is required by the owner, a rarity in the restaurant industry! Seating space for 90 inside, 50 on the patio and an office to complete any needed paperwork. This restaurant has been in operation for 13 years and closes twice a year for one month. Otherwise, it opens 7-days a week from 5:00pm – 9:30pm. POS system is only 1.5 years old, heating system was upgraded 2 years ago in lounge area, new furnace for dining room is being installed in April and the kitchen is stocked with new equipment. Solid construction and plenty of expansion opportunities that include opening for breakfast, operating 12 months a year and adding a wine store. Building and land are available for purchase along with the business.  Capitalize on this expanding business in the high growth community of Revelstoke today.

Note:
-Prices are CAD
Facilities:Seating space for 90 inside, 50 on the patio and an office to complete any needed paperwork. POS system is only 1.5 years old, heating system was upgraded 2 years ago in lounge area, new furnace for dining room is being installed in April and the kitchen is stocked with new equipment. Solid construction.
Growth Potential:Expansion opportunities that include opening for breakfast, operating 12 months a year and adding a wine store.
Training/Support:Available
Ad #91697
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Contact This Seller
Scott Duke
Welstand Group
250-814-7062
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