Business for sale
Major Price Reduction: Busy Restaurant & Rental Properties
Business Presented By
Contact: Don Demmings
Phone: 506-260-6200
Business ID: 1384214000006285008
Email: [email protected]
Financial Information
Asking Price : $ 325,000
Revenue : $ 896,000
SDE : $ 96,000
Business Description
This business is priced far below its valuation and has remained busy with take-out during COVID-19 restrictions however the owner needs to sell. 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 and catering space. 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. This is an opportunity for an owner/ operator; financing options are available. Owner needs to sell immediately. Real Estate valued at $310,000 is included in the price.
Details
| Primary Business Category: | 72211 - Full-Service Restauran |
| Location: | New Brunswick |
| Listed by: | Fredericton |
| Financing | Available |
Company Information
| Franchise: | No |
| Year Established: | 1999 |
| Number of Employees: | 0 |
Financial Information
| Asking Price: | $ 325,000 |
| Gross Revenue: | $ 896,000 |
| SDE: | $ 96,000 |
| FF&E (included): | NA |
| Inventory: | NA |
| Down payment: | NA |
| EBITDA: | NA |
Get additional information about this business
This business is posted by the Fredericton Office. This office serves the following municipalities: Greater Moncton and Dieppe, Saint John, Fundy Region, Campbellton, Woodstock, Miramichi, New Brunswick, Prince Edward Island.
This business is also posted by Moncton, Saint John, Atlantic and Prince Edward Island.