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Two locations - unique, healthy & well established restaurant brand

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Restaurants & Food Businesses for Sale

  • Primary Industry: American Restaurants

A unique opportunity to purchase a well established two-location restaurant brand in Winnipeg, Manitoba. These two locations are staples in the market having been around for over 20 years. The concept is a creative and healthier food option that is a proven brand - a buyer can expand the footprint to other major centers, or open more locations in the Winnipeg market. Current ownership do not participate in day-to-day management and each location has established and capable staff that would be part of the sale. Ownership is open to an asset sale and this will include working capital (primarily inventory of around $45k) plus all equipment, furniture and leaseholds (estimated at around $400,000). Turnkey business with everything needed, including all staff.

Financial Information

  • $779,000 Asking Price
  • $163,903 Cash Flow
  • $3,096,543 Gross Revenue
  • N/A Down Payment
  • $163,903 Adjusted EBITDA

Business Location

  • City: Winnipeg
  • State: Manitoba

Reason for Sale

  • Time for a change after owning the stores for over 22 years

Detailed information

  • Year Established: 2004
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $45,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: $400,000

Training/Support

  • Up to 30 days transition support

Facilities

  • Two leased locations 3,438 sf and 4,815 sf.

Market Outlook/Competition

  • Major centre / large city. Well established brand in two long term locations.
Business Listed by
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Kelly Dennis
Sunbelt of Regina
Email Kelly
Listing ID
REGINSK001-59776

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