The Nest bar and good eats

The Nest bar and good eats


It is on a high traffic street, has plenty of parking, a turn key operation, very nicely decorated, real good lease and all new equipment and furnishings.. Seats 114 people with 112 seat patio.



Location

Country:

Canada

State or Province:

SK

City:

Regina

Location Zip or Postal Code:

S4s6b4

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

The Nest bar and good eats

Year Established:

2015

Number of Locations:

1

Number of Seats:

51-150

Size:

5500, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Hours of Operation:

11am- closing Sunday 4pm till close

Growth or Expansion Opportunities:

No

Reason for Selling:

Moving on to another investment

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Short Description:

Very relaxing atmosphere with booths and tables and some bench seating. A piano. Lighting and colours are soft and relaxing.

Financial Details

Asking Price:

$275,000.00

Gross Revenue Range:

$1,000,000+

EBITDA Range:

Under $100,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

300,000.00

Inventory Estimated Value:

$20,000

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

10 years 2-5 year options

Total Monthly Rent:

$11,000.00

Financial Comments (include any Financing information that may be useful):

monthly payment includes all common area cost plus all city taxes.

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