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Urban, Downtown Restaurant Opportunity. Priced to Sell.

Financial Information

  • Asking Price: $225,000
  • Gross Revenue: $890,000
  • Cash Flow: $169,000
  • Down Payment: NEGOTIABLE
  • FF&E (Included): $254,000
  • Inventory: $12,000
  • Financing: Yes

Business Location

  • Confidential
  • New Brunswick
Primary Business Category: Accommodation and Food Services

Located in the business and entertainment district of a major NB city, this restaurant with a recognized brand and excellent systems in place, enjoys a loyal clientele and significant walk-in traffic. Known for fresh and creative meals, this eat-in, take-out establishment is positioned in the vicinity of new development projects and will continue to grow with a fresh and energetic approach. Business is priced to sell below it valued asking price.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 2001
  • Franchise: Yes
  • Year Acquired: 2001
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: N/A
  • Fulltime Employees: 7
  • Part time Employees: 13
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: ON REQUEST

Contact Business Broker

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Business Listed by

Sunbelt Fredericton

Contact:
Office Phone: 1-866-766-1566
Mobile Phone:
Listing ID: FTONCAN001-N56

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