Casual Dining Restaurant - Prime location! Well Established

Saskatoon, SK Restaurant for sale: Prime location, well established casual fine-dining restaurant. Regular clientele. Unique features no other restaurant has to offer.

Casual Dining Restaurant - Prime location! Well Established


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.



Location

Country:

Canada

State or Province:

SK

City:

Saskatoon

Location Zip or Postal Code:

S7K7E6

Listing Information

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

Financial Details

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.

Contact Listing Owner