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Successful Landmark Restaurant
Location: Canada -> Manitoba
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Successful Landmark Restaurant in Southern Manitoba
Successful profitable family restaurant is a landmark destination in southern Manitoba. The restaurant is known for excellent service and food quality. The current owners have run the business for the past 10 years with a small staff. The restaurant building of approximately 1,800 sq. ft. is included with the sale along with the land and the Real Estate value comprises $110,500 of the total listing price.
The town of Gretna is just north of the Canada - US border. The broader area within 45 minutes has over 13,000 people and the town is 90 minutes south of Winnipeg. Cross border patrons remain significant. The building has been completely updated with a full new kitchen, new A/C, new roof, security doors forced air gas furnace and 400A electrical service.

The property being sold with the Restaurant includes a development lot on the south side suitable for expansion or a small home build.

Selling Price: $295,000
For more information, please contact Gordon Schofield @ telephone #: 905-833-1881


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $193,296
Cash Flow:   $62,668
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $84,986
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will train for 4 weeks @ no cost.
Reason For Selling:  The owners are retiring.

Photos

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Successful Landmark Restaurant Photo 1




Print Listing Id: 700313487
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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 > Manitoba Businesses For Sale > Manitoba Franchises For Sale



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