822 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$282,964
RevenueUndisclosed Established1985
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established in 1985, this 64 seat restaurant is the perfect size for a partnership to manage and very well established and profitable for a single owner/operator, to hire someone to support the needs of the day to day.

You can have your original investment back in 1 year! Example:

- $120k down and $230k financed.
- approximately $40k in payments means $135k pre tax left over.
- Cash on Cash returns in excess of 100%

There are a total of just 6 staff, in addition to the owners. The menu is quite straight forward and can easily be taught to a qualified chef.

The location of this business is ideal, in a high traffic area, shopping plaza, surrounded by many commercial and institutional operations nearby that support ongoing demand.

If you are an experienced business person or have a strong knack for entrepreneurism, there are a number of recipes that could possible be to develop a commercial offering to take to the retail scene.

Average 3 years Seller's Discretionary Earnings = $175k (trending upward)

Leased Premises - $26k per year.
1440 square feet + 250 sft for offsite storage.
Load of parking for customers.
Long term tenant of property, just signed a new 5 year term which includes an additional 5 year option.

$359,000

All information in Canadian currency.
Ad #97994
Seller Reference #1111
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Tim Blais, BBA, CMEA
Gateway Business Brokers
1-902-441-9589
Name
Email Address
Message