Popular Ricky's Restaurant For Sale
Location Alberta,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $700000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 4 - 5
Inventory To be determined
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Other interests
Description Well established Ricky's with a great location has a dine-in restaurant, bar and patio. It has been in operation for over 11 years. An extensive list of assets is included. Major renovations undertaken recently, including new LEDs, LCDs, tables, chairs and general decor, valued at around $250,000. The excellent long-term staff are invaluable in this kind of business. Owners have not been involved full-time and so have not spent time building up the business. As such, there is huge opportunity to expand and grow the business with a seniors menu, theme nights, catering etc.
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