Unique Specialty Wine and Tapa Restaurant ...$469,000

Alberta

**This image may not be a representation of the actual Business or Property for sale**
Business Type Food/Restaurant
Price $469,000
Real Estate Included
Real Estate Value $455000
Revenue $250,000
Cash Flow Call for details
Years in Business 5
Is Inventory Included Yes
Inventory Call for details
Type of Sale Asset

Business Description

Excellent opportunity to own a boutique restaurant in a historic house with a customer reputation of enjoying meals made from small-batch food, locally sourced when possible and always of the highest quality.

The business and home are being sold together and the home is valued at $455,000.

Ideally suited to repurpose as a unique commercial venue at a fraction of a commercial lease rate.

Located in a small city about 20,000 people. About an hour away from Edmonton.

2 bed and breakfast units available for additional revenue stream.

4.8+ STAR Google rating to be assumed with the sale.

The restaurant is considered one of the top restaurants in town with unparalleled service and experience that cannot be found anywhere else with capacity for corporate group events, weddings and more.

Now that the owners are retiring they are delighted to let the new qualified owner to take this business to new heights.

Revenue of 250,000/yr

Employees: 2 FT/ 5 PT

Facilities

The Restaurant is located inside a 6,001 SqFt 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. Also, utilizing delivery services such as Skip the Dishes would increase sales. Opportunity to utilize open space during non business hours for photo shoots.