Business For Sale

Full Service Restaurant

Not Disclosed., Nova Scotia

Asking Price: Annual Revenue:
$280,000 $1,015,336

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Service Restaurant Broker: Dan Murphy

Quick Facts

Asking Price: $280,000
Annual Revenue: $1,015,336
Net Profit: Not Disclosed
Cash Flow: $118,584
Total Debt: Not Disclosed
FF&E: $13,515
Real Estate: Not Disclosed
Year Established: 2001
Employees: 28
BBN Listing #: 37724955
Broker Reference #: 9201-12435

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Business Overview:

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.

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Property Features and Assets:

The restaurant is located in a stand alone building in a high traffic, high visibility area. The restaurant has a fully equipped kitchen and service area, along with a private dining area for special events. The restaurant has all of the equipment, fixtures, and space to provide a fine dining experience for patrons, and special groups. Total Assets; $ 18,515.

Market Competition and Expansion:

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. 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.

Reason for Selling:

Owner retiring for health reasons.

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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