Call: 250-426-8812

For Sale!

Restaurant Setup For Sale

located in Cranbrook, British Columbia

Business description

This small 42-seat fully licensed restaurant is well established and highly regarded as the top spot by locals and visitors alike. It features an open kitchen layout and is the perfect business for a working couple!
Currently run on a four-day-scedule with dinners only, therefore has growth potential.
Additional business income can be established with caterings

 

- Create your own restaurant concept out of this existing spot; everything is included except the name, menues, wall decoration
Open your own restaurant in a fraction of time and cost compared to a start from scratch!


Property information

Real Estate:
Lease
Lease terms:
tripple net lease in place until April 2020 with a 5-year extension clause
(A new lease agreement would need to be signed by the buyer at time of takeover)
Leasehold rent:
to be negotiated with landlord, currently $12 per sq ft per annum
Location:
Located on one of the busiest intersection in the city along Hwy 93/95
Lots of free parking available
Across of the biggest mall in the region
Premises details:
Located in a one-storey mini mall with three other businesses and shared parking lot
Size in square feet:
1,200

Current Business Operation

Sales revenue (2018):
Upon request
Expansion potential:
expansion potential includes Lunch business, 7-day/week operation
Competition / Market:
lots of chain- and fast food restaurants in town, no other fine dining in town
Trading hours:
Wednesday - Saturday, 5-9PM
Employees:
5
Years established:
14

 

Sale Price

  • $79,500

  • (Turn-key: Furniture / Fixtures and related inventory,Mounted signage frames. Includes china, glassware, all kitchen smallware for regular daily operation. All necessary licenses need to be aquired)

 

Other information

Support & training:
We can help you in establishing your business in a consulting function. Ask for details
 

 

 
 
Bar Bar
 

Kitchen Window Kitchen

 

Kitchen Dining room

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