Fine Dining Restaurant For Sale
Location: Canada -> British Columbia -> Vancouver Island
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
Restaurant For Sale $ 445,000. Recently renovated, this restaurant features indoor seating for 150 and a glassed-in patio for 80. A fully functional bar is in place and ready for all necessary beverage requirements. The location lends itself to a plethora of concepts, so new owners may continue to grow the existing business, introduce breakfast/lunch & catering, or capitalize on the liquor license and strong alcohol revenues to promote more of a bar or lounge atmosphere. Alcohol license is included if permitted. Fully equipped and turnkey operational. Young, modern, and upbeat interior mood. Located in central British Columbia, near a motel and an 18-hole golf course, with new condos being built nearby. Includes $50K FF&E and $15K inventory. For more information on this and other opportunities, email or call Michael Naprawa at 250-751-7917.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $1,000,000
Cash Flow: $208,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $65,000
Seller Financing: No
About The Business
Year Established: 1991
Number of Employees: 10 – 19
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: Owner would like to pursue other interests.
