Successful Full-Service Restaurant

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.

HIGHLIGHTS
• 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.

Potential Growth:

Growth opportunities and expansion potential available in a Confidential Information Memorandum.