Café & Licensed Dining (property included)

Listing ID:
REGINSK001-N91

Confidential, Saskatchewan, Canada

Drinking Places (Alcoholic Beverages)

Listing Status: Active

Sunbelt of Saskatchewan

Phone: REGINA (306) 530-7899 SASKATOON (306) 881-1021
Fax: Regina (306)352-7899

The following broker is assigned to this listing:

Barry Johnson

barryjohnson@sunbeltnetwork.com

Description

Excellent opportunity for an owner/operator to step in and continue to develop and grow this business that was launched just two short years ago. The business will provide a new owner with recently renovated premises and top of the line equipment. The business also comes with a second property that can be renovated to provide living quarters. Opportunities to grow the business with the eventual end of the Covid pandemic and business restrictions. The current owners have very limited involvement in the operation of the business, one which is best suited to a hands-on owner/operator.

Financials

Asking Price:$279,000
Revenue:$285,000
Cash Flow: ON REQUEST
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price:$150,000 (Included in Asking Price)
Inventory Asking Price:$12,000 (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$239,335 (Included in Asking Price)
Building Size:1875 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2019
Year Acquired:2019
Full-Time Employees:2
Part-Time Employees:6
Reason For Sale:Other interests