Casual Fine Dining Italian Restaurant (Tuscan Style Atmosphere)

Casual Fine Dining Italian Restaurant (Tuscan Style Atmosphere)

Price: $189,000

Location: Lower Mainland, British Columbia

Industry: Restaurant - Italian

Listing Description

Was: $225,000
Now: $189,000

A casual, family-run, fine dining Italian Restaurant in a Tuscan-style atmosphere. This restaurant is situated very close to the affluent neighbourhoods of Point Grey, Arbutus Ridge, and Kitsilano.

Established in 1988, this well established restaurant enjoys a very loyal customer base. The atmosphere is that of a calm and peaceful nature, with a piano with pianist on most nights – a unique feature to this establishment.

Much of the equipment in the kitchen has been upgraded.

Is this a leased space: Yes
Monthly Rent: $6,974
When does lease expire: October 2020 with a 5-year option

Type of Sale (Share/Asset): Share or Asset

For more information contact Business Finders Canada: (250) 491-1111

**Any images used for this posting may not be a representation of the actual Business or Property for sale**

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Listing Details

Total Sales: $626,000

Cash Flow: $165,000

(Included in Price)

Reason For Sale:

Owner is retiring

Training & Support:

Owner is willing to train.


Year Established: 1988

Employees: ~20


Square Footage: 1,500

Facilities Information:

- 80 Seat capacity
- Liquor license
- Separate bathrooms for Ladies & Gentlemen
- Piano
- Nice bar
- Elegant entrance
- Large windows with great visibility


Potential Growth:

– Serve breakfast / lunch
– Add catering services
– Add delivery options (ie: Skip the Dishes)
– Host parties and corporate events


Seller Financing Available: Yes
Seller Financing Details: To be discussed

Broker Info

Steve Harvey


Contact the seller