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
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.
Primary Business Category:
Restaurants, Bars & Other Food Services
Number of Employees:
7 FT/ 9 PT
Seller Financing Available:
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.