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Business Listed by

Sunbelt Fredericton

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

Revised Price! Excellent Opportunity in Downtown Location: Restaurant with Recognized Brand.

Financial Information

  • Asking Price: $299,000
  • 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 heart of the business and entertainment district of a major NB city, this restaurant has a loyal clientele and significant walk-in traffic. The business bottom-line is benefitting from new downtown development and this eat-in, take-out establishment has growing revenues and carries a respected and recognized brand name, known for fresh and creative meals.


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

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