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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

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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 business

Additional 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

Relevant Links:

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