Urban, Downtown Restaurant Opportunity. Priced to Sell.

Listing ID:
FTONCAN001-N56

Confidential, New Brunswick, Canada

Accommodation and Food Services

Listing Status: Active

Sunbelt of Fredericton

Phone: 1-866-766-1566

Description

Located in the business and entertainment district of a major NB city, this restaurant with a recognized brand and excellent systems in place, enjoys a loyal clientele and significant walk-in traffic. Known for fresh and creative meals, this eat-in, take-out establishment is positioned in the vicinity of new development projects and will continue to grow with a fresh and energetic approach. Business is priced to sell below it valued asking price.

Financials

Asking Price:$225,000
Revenue:$890,000
Cash Flow:$169,000
Downpayment: NEGOTIABLE
Monthly Payroll:$0
FF&E Asking Price:$254,000 (Included in Asking Price)
Inventory Asking Price:$12,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:N/A

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:2001
Year Acquired:2001
Full-Time Employees:7
Part-Time Employees:13
Reason For Sale:Retirement