Well established casual fine-dining restaurant. Great for large parties, as well is designed for every day dining and 'date nights'. Regular clientele. Parking available. Established social media presence. Room for growth in the market. Unique features no other restaurant has to offer. Surrounded by many offices, new condo development and shopping.
Country: | Canada |
State or Province: | SK |
City: | Saskatoon |
Location Zip or Postal Code: | S7K7E6 |
Service Type: | Sit-Down Table Service, Catering |
Title of Listing: | Casual Dining Restaurant - Prime location! Well Established |
Year Established: | 2000 |
Number of Locations: | 1 |
Number of Seats: | Over 150 |
Size: | 3653, Square Feet |
Patio: | Yes |
Number of Employees: | 11-50 |
Hours of Operation: | Monday - Thursday 11am-10pm Friday & Saturday 11am-11pm Special occasions and private functions available |
Growth or Expansion Opportunities: | Potential to expand distribution. Delivery and Catering |
Reason for Selling: | Focus on other businesses |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Asking Price: | $300,000-$399,000 (Will consider reasonable offers) |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | Over $300,000 |
SDE Range: | $100,000-$300,000 |
FF&E Value (Furniture Fixtures and Equipment): | $400,700 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $17,000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Flexible |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 4.5 Years |
Total Monthly Rent: | $6697.17 |
Financial Comments (include any Financing information that may be useful): | Revenue has been steady with potential revenues of $2 million+. Recent appraisal done. |