Restaurant For Sale
Location: Canada -> Nova Scotia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
Thomson’s Restaurant is located on Highway 103 in Clyde River, Nova Scotia. This 70 seat restaurant is ideally located on route between the Yarmouth ferry terminals to the rest of Nova Scotia. Exposure to tourist traffic is guaranteed. With a strong local support this restaurant has been in business for 30 years and continually owned and operated by the same family. Asking price is $350,000 CDN. Please e-mail your request for more information on this Restaurant for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $450,000
Cash Flow: $80,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $120,000 estimated.
Seller Financing: No
About The Business
Year Established: 1977
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Yes – limited.
Reason For Selling: Retirement
