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Restaurant For Sale
Location: Canada -> Alberta -> Edmonton
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

60 seat authentic Somali restaurant located on a beautiful street in Edmonton, minutes from bus route and on a main road. Specious full kitchen. Great ventilation, walk in pantry, alot of storage space, suitable for any type of cuisine. Restaurant great for private functions and catering. Many loyal customers in the neighborhood, very reputable restaurant. Huge parking space available for customers. Restaurant recently renovated, spacious layout, buffet equipment on site. TV and projector screen on site, transitional marketing can be provided by current owner, for an easy transition. Serious buyers only please.

Rent is $ 2150 a month... 1800sqft fully renovated
Asking price:$70,000
Revenue: $96,000
Cashflow: $36,000

Please call: Sudi for more detail at 780-994-4628.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $96,000
Cash Flow:   $36,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Can be provided.
Reason For Selling:  Owner is going into surgery, with foreseeable lengthy recovery time.




Print Listing Id: 700169998
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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 > Alberta Businesses For Sale > Alberta Franchises For Sale



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