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PDFPriced Below Valuation. Established Family Restaurant & Rental Properties
Listing ID:
FTONCAN001-N57
FTONCAN001-N57
Sunbelt of Fredericton
Phone: 1-866-766-1566Description
Located one hour from the capital city, this is a multi-faceted business enterprise including a family restaurant, recognized for high-quality homestyle cuisine and a bakery and a full-rented small business space. The restaurant has a banquet space and caters. In a fully serviced town, the restaurant and rental properties are located on the Main Street and currently open 6 days per week; it has a loyal clientele. Owner is anxious to sell. This is an opportunity for an owner/ operator; financing options are available.
Financials
| Asking Price: | $559,000 |
|---|---|
| Revenue: | $890,000 |
| Cash Flow: | $96,000 |
| Downpayment: | ON REQUEST |
| Monthly Payroll: | ON REQUEST |
| FF&E Asking Price: | ON REQUEST |
| Inventory Asking Price: | N/A (Included in Asking Price) |
| Financing Available? | Yes |
Property
| Asking Price: | $310,000 (Included in Asking Price) |
|---|---|
| Building Size: | N/A |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1999 |
| Year Acquired: | 1999 |
| Full-Time Employees: | N/A |
| Part-Time Employees: | N/A |
| Reason For Sale: | Retirement |