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 Buy a Canadian company Listing # 52811003
 
 Business  For  Sale 
 Buy a Canadian company

A Local Favourite, Restaurant w/ real estate and house

$689,000.00 (Cdn)

A Local Favourite, Restaurant w/ real estate and house
 
Business Location: Nova Scotia
Postal Code: B0C
Relocatable: No
 
Business Categories:
Hospitality & Food Service
Real Estate & Rental Buildings
 
BUSINESS   FEATURES
Run on a seasonal basis, this business affords a life style where good hard work for a few months is rewarded with the time and financial resources to play and explore life during the off season.
An experienced owner/manager will certainly see the meat left on the bone and upside to be created. For the first time owner, the business affords room to learn and grow while transitioning support is provided.
This truly is ready to go today, without any further investment required.

FINANCIAL  INFORMATION
Average annual revenues over the past 6 years in excess of $500k.
Cash Flow in excess of $100k, average over past 4 years, after consideration for 'new' mortgage. Available financial analysis considers new mortgage payments of $30k annually.
Minimum equity requirement of $250k must be proven before full investment overview will be released.

MARKET  &  COMPETITION
If this is your first look at Cape Breton, I'd encourage you to take 3 minutes and look at why this island has been rated:
- #2 Sustainable Tourism Destination by National Geographic Traveler Magazine
- National Geographic’s one of “20 Must See Places'
- Forbes Magazines’ “Hottest Island in Golf.
- Top 10 Islands in the World by Travel Leisure Magazine

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  

  • Restaurant building with over 4100 sft, 2007 construction. Prime location
  • Seating (indoor and outdoor) for over 100
  • Owner residence, approximately 1500 sft, 1.5 stories, 3 bed, 2 bath, updated
  • All equipment, training, and support
  • Exceptional cash flow from this seasonal business
  • A tremendous lifestyle in a breathtaking part of Canada
Located in one of the most beautiful and frequented tourist destinations of
Nova Scotia, this well established restaurant and bakery is at the centre of
activity and considered by many as the place in town for the discerning
palate.
Some of the best beaches, hiking trails, and golf can be found throughout
this peaceful and soul moving destination, it's no wonder the area became
a National Park.

  -  OPTIONAL  &  EXTRAS  -  

  • Inventory is in addition to the selling price.
Inventory can be wound down, depending on time of sale.

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DISCLAIMER
BusinessSellCanada is not responsible for the accuracy of the information shown in this "Business For Sale" listing.  We provide advertising space only - we are not business brokers.  We do not verify the Seller's authority.  The Buyer should contact the Seller directly and verify the accuracy of all information to his/her own satisfaction.


 

 
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