Full Service Family Restaurant
Location Alberta,Canada
Asking Price Range $250K - $500K
Gross Revenues $695703
Net Profit / Cash Flow $179106
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Inventory FF&E=$267860 and Inventory=$25000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Full Support provided as needed.
Reason for Sale Moving
Description High volume restaurant located in high traffic area of the city. Close to major shopping centres as well as industrial complexes, making this a central location for anyone wanting to eat out. .The business is positioned for substantial growth as it is near many new up and coming developments. With an established reputation, loyal client base and an incredible lease cost, there is ample opportunity for growth with minimal overhead. The restaurant is located in a modern building well suited for its use and purpose with easy access and visibility from a major highway. Key employees are in place, that have been there for 5 plus years. The restaurant is a staple in the area for a family night out where you won't leave hungry. With a 130 seats already available, this restaurant can accommodate a large crowd without having to turn people away. The business has earned a great reputation for the high quality food and service that they provide. This is a great opportunity for someone to take advantage of.
The current owner is willing to offer transitional training as well as seller financing to the right buyer. This is a great opportunity for anyone who has ever wanted to own their own restaurant and is ready to move forward on it.
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