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Listing ID: 957058

Argyle St Halifax Restaurant / Bar For Sale

Downtown, Halifax, Nova Scotia, Canada

CA$ 295,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 500k to 1m

Cash Flow: not disclosed

Business Description

Spacious restaurant and bar for sale in downtown Halifax. Lots of space and potential. A long lease, all equipment paid for and in great condition. In prime location, turnkey operation or start something new.

Currently serving Mediterranean cuisine, current sales at 600,000 a year with plenty of growth potential. Seats 40 in dining room, up to 20 in the bar and Lease runs another 10 years, hard to get in this neighbourhood. There is a huge complex, The Nova Centre going in across the street, with an expected 3000-4000 people a day living and working there, convention business not included.

We are moving from the province and are looking for to sell as soon as possible.

Property Details

Years Established:

5

Property Type:

Lease

Other Details

Business Location:

Main entertainment district

Premise Details:

Busy street, the entertainment district of Halifax. Due to the setup of our license, the only restaurant/bar on the strip able to accommodate minors at night, in dining room.

Competition:

Historic building from 1769. 3 distinct areas- a small bar, a dining room and a beautiful glassed in atrium

Expansion Potential:

Large commercial venture in the works in immediate proximity.

Operation Details

Employees:

12

Trading Hours:

Sunday to Thursday 11:30 am - 10 pm Fri,Sat 11:30 am - 1 am

Support & Training:

can discuss what is needed and can make for smooth transition

Miscellaneous

Reason For Selling:

Moving out of province

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