Listing ID: VANCOBC002-N549
Location: Vancouver Island, BC
Industries: Full-Service Restaurant
- Strong community brand
- Low food cost model
- Sustainable restaurant practices in place
- Employee contracts in place
- Franchisable business model
- All season business
- Stable history of profitability
- All equipment and kitchen in great working condition
- Lots of parking
This popular restaurant has been in business on Vancouver Island for over 10 years. They source high-quality local products and offer delicious signature dishes that keep customers coming back.
During the pandemic, they focused on take-out orders and introduced frozen meals in order to maintain their earnings. Although the industry suffered, this business was able to withstand closures and remain profitable for the whole of the pandemic. Current revenue streams include dine-in, take-out, catering, pre-made meals, and a product line.
This is a unique opportunity to acquire a well-known, profitable restaurant and expand on the strong foundation set by the owners.
Type of Sale: Share Sale
Operational Balance Sheet Inclusive of: Furniture, Fixtures, & Equipment / Goodwill / Normal Net Working of $37,000 (Inclusive of Inventory)
BUSINESS ASKING PRICE$537,000
Normalized Financial Summary
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Vancouver Island, BC