Family Restaurant & Catering Business
Location Manitoba,Canada
Asking Price Range $250K - $500K
Gross Revenues $720000
Net Profit / Cash Flow $137000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The existing owner would be available for three months to train the purchaser and help ensure a successful transition.
Reason for Sale Retirement.
Description Catering and restaurant business for sale offering breakfast and lunch with a specialty in catering office lunches. Reputable business with experienced staff. In close proximity to industrial business parks, growing residential areas and big box stores. Fresh, home cooked menu items. Solid, growing cash flow. Although the restaurant industry is very competitive, the lifestyle changes created by modern living continue to fuel its steady growth. More and more people have less time to cook for themselves. Mainstream populations in developed countries want low-calorie, low-fat foods, as well as simple, natural, and fresh ingredients. Trends are very important and the business well positioned for the current interest in lighter, healthier foods at moderate to low prices. The restaurant has a great local reputation and works in niche markets with great potential to expand. The owner has turned business away. The new owner could stay open for dinner and expand other service options.
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