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Steak House
Location: Canada -> Alberta -> Brooks
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

3,500 square foot pub and dining room for sale. Steak and comfort food menu. Catering to locals and business patrons. City Center Downtown Brooks, Alberta. Average annual sales $450,000 to $500,000. Over the 15 years we have been in business we have reduced our operating hours to 5 days and nights a week. We close all weekends, holidays and for 10 to 12 days at Christmas. This leaves opportunity to expand limited to the number of hours operator wishes to work. We offer sale of business at $150,000 dollars secured by leasehold fixtures equipment and inventory. The land and building is available for lease, purchase, or lease purchase option.

We have limited competition in our local and have been in business for 15 years and are now the second longest restaurant operating in the community under one management and ownership. My health is deteriorating and would like to see a community oriented operator come in with fresh ideas and the desire to live and work in a smaller community 12,500. The community is very culturally diverse which leaves new markets open to the creative operator. The land and building is all so available for purchase for $250,000. Share sale preferred and will look at reasonable offers. Email or call Fred Rattai 403-501-0619 cell 403-362-0147 office or fax 403-362-6922. Pictures supplied by request. I would call the restaurant design as rustic saloon or pub style with antiquities and rustic decor.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $440,000
Cash Flow:   $44,000
Cash Flow Type:  EBITDA
Inventory:  $150,000
Seller Financing:  No

About The Business

Year Established:  1994
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Health and retirment.

Photos

View Larger Photo(s) Of Business
Steak House Photo 1




Print Listing Id: 70097924
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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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