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National Park Restaurant - Seasonally Operated
Location: Canada -> Nova Scotia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Located in one of the most beautiful and frequented tourist destinations of Nova Scotia, this well established restaurant and bakery is at the centre of activity and considered by many as the place to go in town.

Run on a seasonal basis, this business affords a life style of where good hard work for a few months is rewarded with the opportunity and time to play and explore life during the off season. An experienced owner/manager will certainly see the meat left on the bone and upside to be created. For the first time owner, the business affords room to learn and grow while transitioning support is provided.

Highlights of the business and operations include:

- seating (indoor and outdoor) for over 100
- UNIPCO member
- very well set up kitchen and loads of prep-space. Room for growth
- 17 full and part time staff (peak season) + owner

If this is your first look at Cape Breton, I'd encourage you to take 3 minutes and look at why this island has been rated:

- #2 Sustainable Tourism Destination by National Geographic Traveler Magazine
- National Geographic's one of ''20 Must See Places''
- Forbes Magazines' ''Hottest Island in Golf.
- Top 10 Islands in the World by Travel Leisure Magazine

Average annual revenues (5 month operation) over the past 6 years in excess of $500k.

2016 Hours:
- May - only open on weekends, just lunch and dinner
- June - open weekends for breakfast, daily from 11 am - 8pm. Open 8 am on weekends.
- July - first couple weeks just breakfast on weekends, then last couple, just breakfast on Sundays. Open till 9 pm
- August - Just breakfast on Sundays, open till 9 pm.
- September - 11 - 8, open Sundays for breakfast.

Cash Flow of business is healthy. Available financial analysis considers new mortgage payments.

Minimum equity requirement of $100k


Available to purchase, lease, or lease-to-own is the building and the Seller's neighbouring principle residence.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $500,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  personal




Print Listing Id: 700283895
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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 > Nova Scotia Businesses For Sale > Nova Scotia Franchises For Sale



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