Excellent Halifax Restaurant Space

Financial Information

  • Asking Price: CAD $150,000
  • Gross Revenue: CAD $700,000
  • Cash Flow: N/A
  • Down Payment: 0
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: No

Business Location

  • Confidential
  • Nova Scotia
Primary Business Category: Miscellaneous Store Retailers

Very appealing restaurant space in excellent location. This is an excellent opportunity for someone with a new concept looking for a turnkey restaurant space in a good location within HRM. Very attractive customer area with seating for up to forty patrons featuring a mix of booths and tables with bar seating as well. Booths are on casters so can be easily moved to accommodate different party sizes / room set up. A small patio area provides seating for up to 10 patrons. A long bar down the left side of the space is a very nice feature and provides additional seating for singles or couples. The kitchen is very well laid out, clean and well equipped. No hood is there currently but can be added. There is a large basement area with excellent storage for dry goods and supplies and an office area for management to do paperwork. The location has generated revenues in excess of $700K per annum which is attributable in part its location at a very busy intersection. 859 sq ft of customer area on main floor and 314 sq ft of basement storage and office space. Lease expiring on 31st March 2022 but the landlord has indicated a willingness to write a new lease for the Buyer of the assets. Net rent of $3,200 per month and additional rent of $1,100 per month, for total rent of $4,300 per month. Sale assets include furniture, fixtures, equipment & leaseholds, all restaurant & bar utensils, glassware, crockery. Excluding liquor and food inventory. Price $150K. Liquor and food inventory can be purchased at cost.


  • Home Based: No
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

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

Contact Business Broker

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Business Listed by

Sunbelt Halifax

Contact:
Office Phone: 902-401-9393
Mobile Phone:
Listing ID: HALIFNS001-N571

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.