Casual Fine Dining Italian Restaurant for Sale

Lower Mainland, British Columbia

Asking Price: Annual Revenue:
$189,000 $626,000

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: Casual Fine Dining Italian Restaurant for Sale Broker: Steve Harvey
Owner Financing is Available!
To be discussed.

Quick Facts

Asking Price: $189,000
Annual Revenue: $626,000
Net Profit: Not Disclosed
Cash Flow: $165,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 584949055
Broker Reference #: Not Disclosed

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Was: $225,000
Now: $189,000

A casual, family-run, fine dining Italian Restaurant in a Tuscan-style atmosphere. This restaurant is situated very close to the affluent neighbourhoods of Point Grey, Arbutus Ridge, and Kitsilano.

Established in 1988, this well established restaurant enjoys a very loyal customer base. The atmosphere is that of a calm and peaceful nature, with a piano with pianist on most nights - a unique feature to this establishment.

Much of the equipment in the kitchen has been upgraded.

Inventory Included: Yes
Inventory Value: To be evaluated at time of sale

Type of Sale (Share/Asset): Share or Asset

Square Footage: 1,500

Is this a leased space: Yes
Monthly Rent: $6,974
When does lease expire: October 2020 with a 5-year option

Number of Employees (FT / PT): 20

For more information contact Business Finders Canada.

**Any images used for this posting may not be a representation of the actual Business or Property for sale**

Keywords: casual fine dining italian restaurant for sale, restaurant for sale in lower mainland, vancouver restaurant for sale in bc, loyal customer base restaurant in affluent area, tuscan style restaurant for sale in british columbia.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

- 80 Seat capacity - Liquor license - Separate bathrooms for Ladies & Gentlemen - Piano - Nice bar - Elegant entrance - Large windows with great visibility

Market Competition and Expansion:

- Serve breakfast / lunch - Add catering services - Add delivery options (ie: Skip the Dishes) - Host parties and corporate events

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!