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BUSINESSES FOR SALE

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Businesses For Sale   >>   Alberta Businesses For Sale Categories   >>   

Japanese Restaurant And Lounge For Sale

Location  Alberta,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $350000
Net Profit / Cash Flow  $80000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  6 - 9
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  Yes
Reason for Sale  Owner is considering other opportunities
Description  An award winning restaurant located in a popular bar and restaurant district in downtown Calgary, this turnkey business offers a full-service restaurant and lounge operation. Along with Goodwill, this restaurant also comes complete with a unique menu, award-winning recipes, and a great ambiance that keeps diners coming back. Revenue streams include in-house dining, contract catering, private functions, takeout, & deliveries, and bar on Saturday nights. A loyal customer base includes local foodies with discerning tastes, regular diners from local area, downtown office workers, and suburban diners looking for a destination restaurant. Very low rent with all-inclusive operating costs incorporates water, heat, and electricity expenses. The space is 1400sq ft + storage, has 50-plus seats inside restaurant, 20-plus seats on patio during spring/summer months. Currently has positive cash flow and is profitable with the opportunity to further develop a lucrative business during the late-night scene. This restaurant is supported by talented and experienced staff allowing the business to be successful. The seller has been successfully running this restaurant for over 5 years and is willing to assist with training and transition as needed. For all serious buyers, please contact us for information package.
Click Here To Contact Seller

    

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