Restaurant For Sale
Location Quebec,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $3400000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 50 - 99
Inventory $350,000
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training Will be provided, tbd.
Reason for Sale Retirement.
Description Well know and established franchise restaurant in montreal. In business for over 11 years, with annual sales of $3.4 million dollars. Family type restaurant, with 350 seating capacity and parking.
The restaurant was recently renovated, renovations costs were approx $300,000. The restaurant is located in montreal east end region, and is walking distance from the new train station being built, heading downtown. Very reasonable rental terms. Reason for sale, owner is retiring. Asking price $1,175,000. Email or call at 514-918-1663 for more information on this restaurant franchise for sale.
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