Bed and Breakfast with Commercial Restaurant - Historical Building...$485,000

Alberta

**This image may not be a representation of the actual Business or Property for sale**
Business Type Food/Restaurant
Price $485,000
Real Estate Included Yes
Real Estate Value $485000
Revenue $162,000
Cash Flow Call for details
Years in Business 6
Is Inventory Included Yes
Inventory 10000
Type of Sale Asset

Business Description

This is located in a prime location with a full service restaurant providing excellent service and chef prepared meals in a unique, commercially zoned, historic home. Located approximately 1 hour from Edmonton.
This property has been completely renovated by the current owners, including new commercial kitchen equipment in Nov 2015.
Building is owned and not subject to a lease agreement while maintaining capital value.
2 Bedroom apartment on the second floor for owner/operator or use it as a rental to generate additional revenue.
Low monthly costs to operate and no franchise fees!
Great size business to scale or adapt business to economic demand.
Manage costs and inventory without complex systems.
Beautiful patio to be utilized in summer.
This great business has many clientele and is truly a turnkey opportunity waiting for you!

Facilities

The Restaurant is located in a Newly Renovated Valuable Commercial Property with New Commercial Equipment. The building located just half a block from the historic street of the town and close to multiple live theaters with university and a hospital all within 3 blocks of the building.

Growth/Expansion

There is an opportunity to be open for more hours and more days per year. Opportunity to utilize open space during non business hours for photo shoots.