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Listing ID: 2265514

Full Service Restaurant For Sale

Nova Scotia, Canada

CA$ 280,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 1,002,923

Cash Flow: CA$ 127,225

Business Description

This is a very popular, and well established fine dining restaurant, with a family feel. The restaurant is always at the top of any local 'Best Of" list. Emphasizing fresh in-house, local products and great service, this restaurant has been very successful for many years. The restaurant is in a great location, in a highly visible, high traffic area, and provides an excellent opportunity for a new owner-operator to carry on the tradition, and maybe add a flair of their own.

Property Details

Years Established:

15

Property Type:

Lease

FF&E:

CA$ 90,000

Inventory Value:

CA$ 5,000

Other Details

Premise Details:

The restaurant is located in a stand alone building in a high traffic, high visibility area.

Competition:

Although the restaurant industry is always competitive, this restaurant distinguishes itself through its offering of niche fine dining, narrowing the competition substantially. The restaurants location, though in a high traffic area, also has somewhat limited the competition.

Expansion Potential:

Potential for growth lies in several areas, including expanding to lunch service, catering, and growing the special event and private dining side of its offering. A greater marketing effort through social and online media, as well as traditional media, should improve results.

Operation Details

Employees:

8 FT/20 PT

Support & Training:

Will train for 8 weeks @ no cost. The restaurant provides a well established, fine dining menu, emphasizing high quality entrees and desserts made in-house, and featuring high quality local products, from an accomplished kitchen staff, served by capable servers.

Miscellaneous

Reason For Selling:

Owner retiring for health reasons.

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