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Listing ID: 2580376

Fine Dining Greek And Italian Ocean View Restaurant For Sale

4591 Marine Ave, Powell River, British Columbia, Canada

CA$ 500,000

(Furniture / Fixtures included)

Revenue: CA$ 500k to 1m

Cash Flow: CA$ 100k to 250k

Business Description

Established 21 years, panorama Ocean view, well known fine dining restaurant located on the beautiful Powell River, Sunshine Coast where a newly business develop areas close to Great Vancouver. Full liquor licence allows the bar open till 2:00 am. With max capacity of 180 guests, 33 tables, a private banquet room, and a beautiful patio. The restaurant has been a destination spot to host special events in the city. The restaurant building was the oldest theater in Canada even older than Patricia Theater. With many finished upgrades, the restaurant contains modern elements as well as historical characters. A three bedroom residential accommodation and 20 parking lots is included in the lease. A build-in great size cooler room and full kitchen equipment are all included.

Property Details

Size:

10,000 sf

Years Established:

1913

Property Type:

Lease

Inventory Value:

CA$ 300,000

Other Details

Business Location:

on marine by the ocean, downtown

Premise Details:

renovated from the oldest history theater in Canada, many unique characters and antique pieces of arts

Competition:

the only fine dinning restaurant in town. very well known

Living Accommodation?

three bedroom house is attached as the accommodation to the staff

Operation Details

Employees:

8-15

Trading Hours:

one month of free training

Support & Training:

one month of free training and extendable

Miscellaneous

Reason For Selling:

retiring

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