Busy and Established Local Restaurant

Kelowna, BC Restaurant for sale: An established restaurant located on the busiest and trendiest street in Kelowna is now available for sale.

Busy and Established Local Restaurant


This is truly a rare opportunity for anyone seeking exposure with high pedestrian traffic in Kelowna's commercial heartland. The premise is extremely well kept and a turn key opportunity. The restaurant occupies a space of 1,650 sf with a current lease of $4,500/month which expires in 2022. For more information contact Business Finders Canada: (250) 491-1111



Location

Country:

Canada

State or Province:

BC

City:

Kelowna

Location Zip or Postal Code:

V1Y 1R1

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Busy and Established Local Restaurant

Year Established:

2017

Number of Locations:

1

Number of Seats:

Less than 50

Size:

1650, Square Feet

Number of Employees:

Less than 10

Reason for Selling:

Owner is moving out of town

Owner Operated or Absentee Owner or Flexible:

Flexible

Training Provided:

Yes

Links

Website:

https://businessfinderscanada.com/listing/busy-and-established-local-restaurant--802

Financial Details

Asking Price:

$138,000

Gross Revenue:

133,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Inventory Estimated Value:

$8,000

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

Expires in 2022

Total Monthly Rent:

$4500

Contact Listing Owner