Profitable restaurant for sale in Ottawa

Listing ID:
OTTAWON001-N1348

Ottawa, Ontario, Canada

Food Services and Drinking Places

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Greg Kells

ottawa@sunbeltcanada.com

Description

Highly profitable restaurant for sale in Ottawa. This restaurant is located in a busy shopping mall with very high visibility and patronage. This business has well-trained loyal staff and excellent facilities. It has a liquor license with 225 seating capacity which includes a seasonal patio. Experienced management team, with the help of manuals and processes has kept the food cost low and limited wastage. Its successful business model has enabled the restaurant to achieve high profits. Exceptional opportunities await the purchaser. Contact Greg Kells at Sunbelt Business Brokers. 613-731-9140 ext: 225.

Financials

Asking Price:$700,000
Revenue:$1,300,000
Cash Flow:$330,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$790,000 (Included in Asking Price)
Inventory Asking Price:$15,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:
Year Acquired:
Full-Time Employees:8
Part-Time Employees:13
Reason For Sale:Retirement