Excellent Restaurant & Lounge For Sale
Location Alberta,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $2080655
Net Profit / Cash Flow $359000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Owner willing to provide transition and training support as needed.
Reason for Sale Owner making lifestyle changes.
Description Full service restaurant and Lounge operation within minutes of Calgary has been creating high quality recipes located along a busy high traffic area. The restaurant for sale offers a casual, family friendly, neighborhood atmosphere, moderately priced dining experience. The restaurant is housed in approximately 8500 square feet stand alone building with ample private parking surrounding it. The seller has been successfully running this restaurant for over 8 years is willing to assist with training and transition as needed. With a seating capacity of 160 in the Restaurant and additional 110 in the lounge, the restaurant is supported by great staff allowing the business to be a successful turnkey operation with exceptional cash flow and profitable. The desirable neighborhood location, extensive and distinct menu offerings, and reputation for high quality foods served in warm and inviting ambiance make this a very attractive opportunity for those wanting to succeed in business.
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