MergerPlace

Asian Fusion Restaurant

Okanagan Area, British Columbia


  • Asking Price: $1,280,000
  • Gross Income: $1,795,952
  • Cash Flow: $561,117
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #203287
  • Established: Not Disclosed
  • Employees: 18-23 Employees

Business Description

This 270-seat Asian Fusion restaurant is located in a shopping mall area with its own yard and ample parking space. Well-known high-end restaurant & lounge with great following and patrons has been custom built with flexible partition to accommodate all kinds of corporate staff parties and large group events. It is the go-to place for local patrons whether to enjoy cocktails in its lounge, or to enjoy a corporate or intimate dinner. This is a profitable, full-service restaurant located in the beautiful Okanagan area successfully blending traditional oriental cuisine with fresh, creative flavours in a modern environment and serving farm-to-table dishes.

The seller has also developed a unique training model enabling local western cooks to easily master the required cooking techniques. Since its inception, the business has enjoyed historical growth and profitability. The retiring owner is now delighted to allow such growth opportunity to a new owner.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: British Columbia
Metropolitan Area: Okanagan Area

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 18-23 Employees

Financial Information

Asking Price: $1,280,000
Gross Revenue: $1,795,952
Cash Flow: $561,117
EBITDA: $489,717
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Growth & expansion opportunities available in a confidential marketing summary, please contact us for more information.

Reason for selling:

Retirement

Support & Training:

Vendor will provide an agreed period of training and transition to the new owner.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

David Xie

Pacific M&A Business Brokers Ltd.