Successful Landmark Restaurant

Not Disclosed, Manitoba


Asking Price: Annual Revenue:
$295,000 $193,296

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Landmark Restaurant Broker: Gordon Schofield

Quick Facts

Asking Price: $295,000
Annual Revenue: $193,296
Net Profit: Not Disclosed
Cash Flow: $62,668
Total Debt: Not Disclosed
FF&E: $84,986
Real Estate: $110,500
Year Established: 2009
Employees: 3
BBN Listing #: 64754955
Broker Reference #: 9105-13813

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Business Overview:

Successful profitable family restaurant is a landmark destination in southern Manitoba. The restaurant is known for excellent service and food quality. The current owners have run the business for the past 10 years with a small staff. The restaurant building of approximately 1,800 square feet is included with the sale along with the land and the Real Estate value comprises $110,500 of the total listing price.

The town of Gretna is just north of the Canada - US border. The broader area within 45 minutes has over 13,000 people and the town is 90 minutes south of Winnipeg. Cross border patrons remain significant. The building has been completely updated with a full new kitchen, new A/C, new roof, security doors forced air gas furnace and 400A electrical service.

The property being sold with the Restaurant includes a development lot on the south side suitable for expansion or a small home build.

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Property Features and Assets:

1,800 square feet Restaurant. The building has been completely updated with a full new kitchen, new A/C, new roof, security doors forced air gas furnace and 400A electrical service.

Market Competition and Expansion:

The restaurant has done limited advertising and promotion over the years as it is well known in the local area. However, investment in selective advertising in Southern Manitoba and North Dakota could yield positive results.

Reason for Selling:

The owners are retiring.

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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