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Philip's Café
Location: Canada -> Newfoundland -> Jerseyside
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Philip's Café is a fully restored turn of the century building on the waterfront in Placentia Newfoundland. As of the end of the 2015 season, Philip's Café is listed on Trip Advisor as #1 of 50 cafe's and tea houses in Newfoundland. The owner now has arthritis and must sell the business. There are two water view rental suites above the cafe and a small two bedroom fully furnished bungalow next door that is included in the sale. the café sits on 9600 sq. ft of land. Across the street is 120' of waterfront property in front of fisherman's wharf and marina with the opportunity to build a 60 foot floating wharf. Cafe is fully equipped and ready to go for this coming tourism season.

Asking price: $ 595,000.
Philip 709-227-6596


Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  yes
Reason For Selling:  Owner has arthritis and waiting for surgery.


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Philip's Café Photo 1 Philip's Café Photo 2 Philip's Café Photo 3

Print Listing Id: 700255580
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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 > Newfoundland Businesses For Sale > Newfoundland Franchises For Sale

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