Stylish Daytime Bistro / Restaurant
Location: Canada -> British Columbia -> Victoria
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
Combine a luxurious, exuberantly-furnished 40-seat dining area with a stylish 30-seat coffee and espresso bar. Add in carefully crafted recipes, prepared in a spotless, modern kitchen, and a menu of home-style mid-day meals, soups, baking, sandwiches, salads and dressings. Layer with a great street front location and season with excellent reputation and a host of steady customers.
Voila! You get this outstanding and affordable full-service, 6-day, 7:30 am to 5:00 pm restaurant business. Check the sales and profits and imagine how you could leverage the existing infrastructure by adding a few more hours of opening, for a start.
Location! 2,000 square feet with some dedicated off-street parking. Welcoming street level frontage in a modern commercial / condo building. Easily seen and easily accessible, on a busy through street in the suburbs of Victoria, BC.
Potential Growth: Traffic and visibility for this business will soon increase when slated street re-alignments will open up and directly connect the street to a major shopping area. In front, there’s a fully opening glass overhead door to connect with the outdoors during the warm season, which yields additional seating on the sidewalk patio. The restaurant is tastefully furnished and spotlessly clean throughout. Small but meaningful touches lend a welcoming character and help keep the customers coming back for 8 years and running! All for $210,000. Call or e-mail Rob Millar, Sunbelt Business Brokers Toll-free 1 877 361 3003 for more information on this Bistro / Restaurant for sale.
Financials
Asking Price Range: < $250K
Gross Revenues: $430,000
Cash Flow: $70,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $75,000
Seller Financing: Yes
About The Business
Year Established: 1999
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Owner’s family have grown out of the business; owner ready to focus on other projects.
