A unique opportunity for restaurant ownership at a low entry cost. The building has approximately 4,000 sq ft (3,000 sq ft finished), including a meeting room and bar in the lower level. It is an incredible opportunity for a buyer who wants to create their concept.
Located in a strong and growing tourism and fishing region, this restaurant is close to a marina, campground and an industrial park. All this business needs to turn a strong profit is your energy, your expertise in the food industry, and sales or marketing. Save time and energy and the start-up costs to open and build a restaurant from scratch at a fraction of the cost.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
The building sits on approximately 6,000 sq ft of land.
