Profitable And Well Established Family Restaurant In Northern Ontario
Northern Ontario, ON
| Asking Price: | $825,000 |
| Gross Revenue: | $1,640,000 |
| Established Year: | 1989 |
| Cash Flow: | $284,692 |
| FF&E: | $250,000 |
Listing ID: 2292674Listing provided by BizBuySell
BUSINESS DESCRIPTION
Serving breakfast, lunch and dinner 5 days a week, including Sundays and holidays. TripAdvisor 2016 Awarded “Certificate of Excellence”. Readers’ Choice "Best Restaurant". Staff is well trained and experienced.
DETAILED INFORMATION
Location
Northern Ontario, ON
Inventory
Not Included in asking price
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing building, lots of parking, 123 seats + patio
Competition
The restaurant industry is crowded however this business stands alone due to its longevity and commitment to quality, service and cleanliness
Growth & Expansion
Currently only open 5 days a week. Expansion to 7 days a week would increase sales and profits
Support & Training
The owner will stay on to insure a smooth transition
Reason for Selling
The Owner is retiring
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