Established Restaurant for Sale


  • Asking Price: $485,000
  • Gross Income: $1,120,125
  • Cash Flow: $254,743
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $43,751
  • Listing ID: #207187
  • Established: 1997
  • Employees: 7 FT/ 9 PT

Business Description

Popular and distinguished fine dining restaurant with a strong reputation and an established brand. Known for its exceptional service and food - including steak, seafood and pasta. Inhabits a great location that is very clean and well-appointed. Growing revenues and earnings. Great opportunity to own one of the best restaurants that Newfoundland has to offer.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Newfoundland

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT/ 9 PT

Financial Information

Asking Price: $485,000
Gross Revenue: $1,120,125
Cash Flow: $254,743
FF&E: $43,751
Seller Financing Available: No

Property Information


Excellent location with great visibility in a desirable and high traffic area with reasonable rent and a long-term lease.

Growth & expansion opportunities:

Opportunity to expand the business through increased emphasis on catering, lunch takeout, wedding receptions and private events.

Reason for selling:

Seller wants to retire and travel.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Sean Murphy

Murphy Business Brokers