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 Buy a Canadian company Listing # 52115003
 
 Business  For  Sale 
 Buy a Canadian company

Full Service Restaurant & Pub

$395,000.00 (Cdn)

Full Service Restaurant & Pub
 
Business Location: Alberta
Postal Code: T**
Relocatable: No
 
Business Categories:
Hospitality & Food Service
Food & Related Products
 
BUSINESS   FEATURES
This restaurant operation was built and operated by the current own since 2004. It was established initial with the intention of setting up other operations with the same name in other cities and Provinces. The name has is registered to be used all over Canada. This will be sold in the price of the operation.
This is a well established operation which is very well maintained and will continue to be well operated and maintained until sold.

FINANCIAL  INFORMATION
The business is well established since 2004 with strong sell and profits shown each year of operation. The sales have gone down in the past year as a result of other establishments opening is the same city.
But the main reason for the decrease in sale is the owner has been spending more time with his family and grandchild who live in Europe.
He realizes he most sell the business as his interested has changed direction and he has not been spending the time necessary to run a business of this size.

MARKET  &  COMPETITION
There are a number of fully service restaurants in the city. However in the area of this location there are not a lot of direct competition. There have been a couple of new operation located in the other end of the city and this has effected the evening sales. This is located close to the industrial area of the city so lunches are very busy.
With the owner being there the sales could be increased.
The restaurant in not open mornings, Sunday or holidays.

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  

  • Complete seating for 100 people in Restaurant
  • Full equipment kitchen for a chef set up
  • Fully equipped bar with seating for 65
  • All the necessary utensils to service a 165 seat facility with a 50 seat Patio
This is a well established operation which is been kept up to date in the inside of the restaurant as well as the exterior of the building. The seating and tables are well maintained. The kitchen area is large and set up to handle large volumes of food quickly and effectively with little wasted movement by the staff.
The Bar area is established in the same manner.

  -  EXCLUDED  from  the  Price  -  
The building is not included in the sale. It is owned by the owner of the Restaurnt and Pub. The owner will provide the first right of refusal on the property. He is looking for a 20 year lease on the property.

  -  OPTIONAL  &  EXTRAS  -  
The land and buildings.

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