Restaurant For Sale
Location British Columbia,Canada
Asking Price Range < $250K
Gross Revenues $223850
Net Profit / Cash Flow $37050
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 4 - 5
Inventory 2000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Owner would like to semi-retire.
Description Restaurant For Sale $89,000. A tourist and local attraction for over 25 years, this fully licensed seafood restaurant has become renowned for its fish and chips. There is an outside patio licensed for 12 and inside is licensed for 50. With many personal touches inside, customers feel at ease as soon as they enter. The locals are repeat customers due to the high quality of product and warm service offered by the staff. Tourists are also drawn in, as visitors want to try the fresh fish and chips that only the West Coast can provide. The closest fish and chips restaurant is more than 20 kilometers (12 miles) away. Seafood has always been one of the most stable segments of the restaurant industry. Today, the consumption of seafood has become a welcome alternative to other proteins. For those that prefer a healthier alternative, this restaurant not only provides deep fried fish and chips, but also the option of grilled fish served with a salad or a choice of many other enticing side dishes. The entire facility is currently in use, but there is room outside to expand the existing building. The property and most of the restaurant equipment is owned by the landlord, making it a very clean business to buy. The landlord may be willing to sell both the property and equipment to the potential buyer. Combine all of this with an ease of transition, and this turnkey business may be the opportunity you have been waiting for. This business is located on Vancouver Island, known as ''Canada's Paradise on the Pacific,'' offering some of the best boating waters in North America. Vancouver Island is internationally acclaimed for its warm hospitality, exceptional natural beauty, outstanding activities and attractions, and has been awarded the Best North American Island for nine out of the past eleven years by ''Conde Nast Traveler'' magazine. Email or contact Michael Naprawa at 250-751-7917.
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