Famous Italian Restaurant in Lower Mainland

Vancouver, BC Restaurant for sale: This is an incredible opportunity for someone looking to own and operate a famous high end Italian Restaurant in the Vancouver Area.

Famous Italian Restaurant in Lower Mainland


This is an incredible opportunity for someone looking to own and operate a famous high end Italian Restaurant in the Vancouver Area. It’s turnkey, in an amazing character building, on a high visibility/high traffic location with soaring skyline views. The cash flow is the best in the business and it has a very loyal customer following. This is a great business for a group of restaurant owners interested in expanding locations or a chef entrepreneur looking to customize the culinary experience to market and grow the business. Facilities: A pristine 3,000 square foot main and 1,500 square foot down, Italian Style interior/exterior deco. All equipment is newer and meticulously maintained. With 100 seats inside and 40 on the patio, this is a bustling food and drink hub any time of day throughout the year. For more information contact Business Finders Canada: (250) 491-1111



Location

Country:

Canada

State or Province:

BC

City:

Vancouver

Location Zip or Postal Code:

V6B 4Y8

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Famous Italian Restaurant in Lower Mainland

Year Established:

1993

Number of Locations:

1

Number of Seats:

51-150

Size:

4,500, Square Feet

Patio:

Yes

Number of Employees:

Over 50

Hours of Operation:

Friday: 11am – 11:30pm Saturday: 11am – 11:30pm Sunday: 11am – 10:30pm Monday: 11am – 10:30pm Tuesday: 11am – 10:30pm Wednesday: 11am – 10:30pm Thursday: 11am – 10:30pm

Growth or Expansion Opportunities:

Since this business was established in its high-end location it has developed a superb reputation for great food, great fun, and great service. A huge loyal customer base has resulted. Expand this business with Skip-The-Dishes takeout, longer hours, better social media presence, more weekly specials, and large group events.

Reason for Selling:

Owner is retiring.

Owner Operated or Absentee Owner or Flexible:

Flexible

Training Provided:

Yes

Links

Website:

https://businessfinderscanada.com/listing/famous-italian-restaurant-in-lower-mainland--731

Financial Details

Asking Price:

$2,200,000

Gross Revenue:

2,900,000

Gross Revenue Range:

$1,000,000+

EBITDA Range:

Under $100,000

SDE (Sellers Discretionary Earnings):

$600,000

SDE Range:

Over $300,000

Inventory Estimated Value:

$60,000

Asset or Share Sale:

Share Sale

Real Estate Owned or Leased:

Leased

Contact Listing Owner