Successfull Family Style Restaurant - Mom's Cafe
Location Victoria, British Columbia, Canada
Asking Price Range $250K - $500K
Gross Revenues $850000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1963
Number of Employees 6 - 9
Inventory 5000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Full seller support will be provided for a smooth transition.
Reason for Sale Retirement.
Description Well established family style restaurant for sale, located in the heart of Sooke BC is a community institution. The business is for sale due to retirement. Seating 75 indoors and 30 on the patio this restaurant delivers a six figure income to the owners. The 0.57 acre site is owned by the sellers and is available for sale to qualified purchasers.. With sales in the $1,000,000 range over the past few years in this growing community this restaurant represents a solid turnkey opportunity for a buyer. The seller may carry some financing for the right buyer.
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