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Fine Dining Restaurant For Sale
CENTRBC001-N12
The following broker is assigned to this listing:
Michael Naprawa
mjn@sunbeltnetwork.comCell: (250) 713-7890
Description
Recently renovated, this restaurant features indoor seating for 150 and a glassed-in patio for 80. Location lends itself to a plethora of concepts. New owners may continue to grow the existing business, introduce breakfast/lunch & catering, or capitalize on the liquor license and strong alcohol revenues to promote more of a bar or lounge atmosphere. - Fully functional bar in place - Alcohol license included if permitted - Fully equipped and turnkey operational - Young, modern, and upbeat interior mood - Includes $50K FF&E and $15K inventory Located in central British Columbia, near a motel and an 18-hole golf course, with new condos being built nearby. For more information on this and other business opportunities, please contact Michael Naprawa at 250-751-7917 or email nanaimo@sunbeltnetwork.com
Financials
| Asking Price: | $445,000 |
|---|---|
| Revenue: | $1,000,000 |
| Cash Flow: | $208,000 |
| Downpayment: | NEGOTIABLE |
| Monthly Payroll: | $19,000 |
| FF&E Asking Price: | $50,000 (Included in Asking Price) |
| Inventory Asking Price: | $15,000 (Included in Asking Price) |
| Financing Available? | No |
Property
| Asking Price: | NEGOTIABLE |
|---|---|
| Building Size: | 7220 sq m |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | Yes |
| Year Established: | 1991 |
| Year Acquired: | 1991 |
| Full-Time Employees: | 0 |
| Part-Time Employees: | 0 |
| Reason For Sale: | Owner would like to pursue other interests. |