Discover the Opportunity: Own a Thriving Small-Town Gem in Atlantic Canada!

Business Description

Escape to a cozy rural community offering an exceptional quality of life while earning $200,000/year. Take the reins of one of Atlantic Canada's most beloved small-town restaurants, boasting over 30 years of unwavering success. This multi-faceted business venture encompasses a cherished family restaurant renowned for its premium homestyle cuisine and acclaimed bakery. Additionally, it features two fully leased commercial spaces, ensuring consistent revenue streams. Situated strategically along a bustling main artery, the restaurant enjoys prime visibility, catering to high tourist traffic and locals alike. Recent investments totaling $60,000 in renovations and equipment underscore its commitment to excellence. Unlock the full potential of this establishment by pursuing a liquor license, potentially augmenting annual revenues by $150,000, and extending operating hours to include Sundays, potentially adding another $250,000 in sales. Though the current owner must retire due to health reasons, they offer generous financing options, including vendor takeback, for the right buyer. Seize this opportunity to become the proud steward of a thriving culinary institution in the heart of Atlantic Canada. Additional financing is available for qualified candidates. Please contact your broker at 1-866-766-1566.

Details

Business ID: ATLA0127
Business Category: Food Services and Drinking Places
Location: New Brunswick, NB Other, Atlantic Canada
Financing: Available
Status: Available

Company Information

Year Established: 1999
Franchise: No
Number of Employees: 22

Financial Information

Asking Price: $ 499,000
Gross Revenue: On request
SDE: On request
FF&E (included): On request
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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