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Restaurant For Sale
Location: Canada -> Quebec -> Montreal
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Well know and established franchise restaurant in montreal. In business for over 11 years, with annual sales of $3.4 million dollars. Family type restaurant, with 350 seating capacity and parking.

The restaurant was recently renovated, renovations costs were approx $300,000. The restaurant is located in montreal east end region, and is walking distance from the new train station being built, heading downtown. Very reasonable rental terms. Reason for sale, owner is retiring. Asking price $1,175,000. Email or call at 514-918-1663 for more information on this restaurant franchise for sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,400,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $350,000
Seller Financing:  No

About The Business

Year Established:  1999
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will be provided, tbd.
Reason For Selling:  Retirement.




Print Listing Id: 700136587
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Quebec Businesses For Sale > Quebec Franchises For Sale



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