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- RE: Breakfast And Lunch Restaurant With 41 License
- Contact: Andre
Quick Facts
Asking Price: | $425,000 | |
Annual Revenue: | $701,000 | |
Net Profit: | $174,000 | |
Cash Flow: | $174,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 35 | |
BBN Listing #: | 980075 | |
Broker Reference #: | 3332 |
Business Overview:
A very impressive, one-of-a-kind breakfast and lunch restaurant (with ABC 41 beer and wine license). Short hours, from 7 am to 1:30 pm. High-volume restaurants primarily focused on breakfast. It has been an icon in the community for many years. It is a local neighbourhood restaurant that is popular for breakfast with the family. A very efficient cook line and well-trained employees help create an excellent operation that cooks great food, ensures quality and communicates with front staff—pumping high volume. The owner is a semi-absentee, primarily working from home, overseeing employees’ scheduling, bookkeeping, and purchasing inventory. The owner is very meticulous and tries to maintain food costs at 27-28%. The restaurant has front and street parking in a small shopping centre off the main street. The rent is excellent; a long-term lease may be available for qualified buyers.
*Buyers MUST have extensive restaurant experience.
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Reason for Selling:
Seller has another businessAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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