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Listing ID: 1737060

Sun Peaks - Highly Profitable And Successful Cafe **Price Reduction** For Sale

Sun Peaks Ski Resort, Kamloops, British Columbia, Canada

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 250k to 500k

Cash Flow: CA$ 100k to 250k

Business Description

Tod Mountain Cafe (TMC) is located in Sun Peaks, BC, Canada's 2nd largest ski resort. With highly rated Trip Advisor reviews, (http://www.tripadvisor.ca/Restaurant_Review-g499150-d2461099-Reviews-Tod_Mountain_Cafe-Sun_Peaks_British_Columbia.html) TMC is the busiest cafe in the village with seating for 40 patrons.

Operating for over 10 years, with year on year turnover doubling in the past 3 years, the cafe is an ideal lifestyle and business opportunity. Enjoy the mountain resort facilities on your doorstep, and the city of Kamloops just 40 minutes drive away. The area has an enviable climate, affordable cost of living and steady growth.

Trading periods of June to October and November to April provide ample time to enjoy the resort atmosphere and time off to relax during the shoulder seasons.

TMC (www.todmountaincafe.ca) has an outstanding reputation and serves 300 covers daily. It is offered as a turnkey operation, with a handover period and training as required by the purchaser.

Full financials are available upon request and return of an NDA. The business achieved 20% growth last financial year and is on target to deliver similar figures this year. Net profitability is well above average for the industry, and a purchaser could expect an ROI within 2 years.

Now the 2nd largest ski resort in Canada, Sun Peaks is experiencing strong growth and hotel occupancy, providing an excellent platform to continue profitable trading.

Asking price of $175,950 (inventory and assets included).

https://www.facebook.com/todmountaincafesunpeaks?ref=bookmarks

Property Details

Years Established:

10

Property Type:

Lease

Other Details

Business Location:

Best location in the resort - centre of main village street with passing foot traffic from all the major hotels.

Expansion Potential:

Shoulder seasons are increasingly busy, so additional trading months/hours will add to revenue.

Operation Details

Employees:

6 full/part time.

Trading Hours:

7-4.30, 7 days per week

Support & Training:

As desired by purchaser.

Miscellaneous

Financing Available:

Yes
Negotiable.

Reason For Selling:

Other business interests.

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