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Growing Bar And Restaurant In Victoria For Sale

Victoria, British Columbia, Canada
Asking Price:
$400,000 (CAD)
Sales Revenue:
$1,445,073 (CAD)
Cash Flow:
Under $50K (CAD)

This is a fantastic opportunity to take over a growing restaurant that recently moved into one of the most desirable neighborhoods in the country. Despite being open for less than a year, this business averages more than $140,000 per month in revenue.

The restaurant has been recently renovated from top to bottom, including a complete kitchen and bathroom renovation, a bar extension, and a fresh coat of paint. The original build is only 5 years old and includes a walk-in fridge, ventilation to the roof, air conditioning, and dishwasher.

The businesses customers rave about the burgers and poutine and line ups are common all year long – presenting a possible franchising opportunity for the right buyer.

If operated within standard industry margins, a new owner could expect over $16,000/month in income. This is a truly outstanding opportunity for an experienced operator to expand and capitalize on what the current owners have built so far.

The current owner is currently weighing their options and is open to selling or partnering with a new owner with industry experience.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

The current owner is currently weighing their options and is open to selling or partnering with a new owner with industry experience.

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