Location: Vancouver Island
Province: British Columbia
Listing ID: VANCOBC002-N549
This is a unique opportunity to acquire a signature Vancouver Island restaurant with strong profitability, community presence and a longstanding reputation for serving the highest quality BBQ.
This business is equipped for dine-in, take-out, and catering food service as well as selling packaged food products. They are strategically located to benefit from busy neighbourhood traffic, offering a variety of popular menu choices for new and longtime customers. The great location, proprietary recipes and a popular menu present strategic expansion opportunities under a new ownership.
• Strong brand with international recognition (in the top 10% of restaurants worldwide on popular website)
• Low food-cost model
• Sustainable business practices
• Employee contracts in place
• Ideal for franchising
• All season business
• Stable history of profitability
• All equipment and kitchen in great working condition
• Lots of parking
• Opportunity for strategic expansion under new ownership
• Food Primary Liquor License
Business Asking Price: $537,000
Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $37,000 (Inclusive of Inventory)
Total Sales: $815,000
Cash Flow: $206,000
Training & Support: The Seller will provide an agreed period of training and transition to the new owner.
The Seller will provide an agreed period of training and transition to the new owner.
Potential Growth: Growth opportunities and expansion potential available in a Confidential Information Memorandum.
Growth opportunities and expansion potential available in a Confidential Information Memorandum.