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Chinese Restaurant In Alberta For Sale

Alberta, Canada
Asking Price:
$300,000 (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$113,900 (CAD)

Serving the Flagstaff County. Everybody loves Chinese and Western Cuisine. Licensed for 80 capacity. Lots of room to expand on the vacant lots to the east. Lounge with second entrance is now the only lounge in Daysland. Profitable business for many years with solid financials from 2013-19 to back it up. Two bedrooms and bathroom in the back is currently owner's residence. Current owner retiring.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2 bedrooms and one bathroom

Location:

Business district in Daysland just off Hwy 13 west of Camrose

Premises Details:

4878 sq ft building with sleeping quarters. On concrete solid slab.

Size in square feet:
4,878

Business Operation

Expansion Potential:

Extra lot adjacent to the east is included for parking or expansion

Competition / Market:

Hotel in town burnt down so this is the only lounge left

Reasons for selling:

Retiring due to age and health

Trading hours:

9-9

Employees:
3
Years established:
2013

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$35,000 (CAD)

Contact Royal Lepage Team Rush

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