Profitable Full-Service Asian-Western Fusion Restaurant
Profitable Full-Service Asian-Western Fusion Restaurant
For sale is a rare, profitable, full-service Asian restaurant with western fare in the Okanagan area. A blend of traditional oriental staples, fresh flavors, and a modern atmosphere come together to create a unique dining experience. The restaurant uses local, seasonal ingredients and is a big proponent of serving farm to table dishes, while their unique training model enables local cooks to easily master the required cooking techniques. Since it’s inception, the business has enjoyed stable growth and profitability. Now, the retiring vendor is delighted to provide a turn-key opportunity for a new owner to grow to the next level.
Location
Country: | Canada |
State or Province: | BC |
City: | Kelowna |
Location Zip or Postal Code: | V1Y1P7 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Profitable Full-Service Asian-Western Fusion Restaurant |
Year Established: | Almost 10 years |
Number of Locations: | 1 |
Number of Seats: | Over 150 |
Size: | , Square Feet |
Patio: | Yes |
Number of Employees: | 11-50 |
Hours of Operation: | 7 Days |
Growth or Expansion Opportunities: | Yes |
Reason for Selling: | Retirement |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Links
Website: | www.pmabb.com |
Financial Details
Asking Price: | $1,280,000 |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | Over $300,000 |
SDE Range: | Over $300,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Real Estate Owned |
Contact Listing Owner
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