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Fine Dining Restaurant For Sale
Location Alberta,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1809605
Net Profit / Cash Flow $275000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 10 - 19
Inventory FF&E=$293084 and Inventory=$21507
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Full Support provided as needed.
Reason for Sale Family
Description This popular, casual fine dining restaurant is a favourite with diners and critics alike and has excellent visibility in a growing, high-traffic area of the city. Specializing in prime quality steaks, seafood & extensive international wines, this restaurant has developed a sterling reputation throughout the city for quality food and exceptional service. This professionally designed and recently renovated restaurant features a fully equipped kitchen, spacious dining room and a full service lounge, as well as ample patio seating. Plenty of square footage, a welcoming atmosphere and tasteful decor also make this a great place for buffets, private parties and special, catered events. In addition to plentiful parking, this very well maintained building has the additional benefit of extra storage and office space. Open 7 days a week for lunch and dinner settings, this established business has a history of profitability and constant growth and is ready for a new owner to take it to the next level. The current ownership is willing to provide a reasonable training period to help assist the transition for the new owner and partial vendor financing may be available to the right candidate. This is a great opportunity to acquire a prime steakhouse with an excellent location in a rapidly growing area of the city. Contact me now for more information.
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