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BUSINESS FOR SALE - PROFILE #  80300051

Restaurant For Sale - Eastern Prince Edward Island
Eastern Prince Edward Island

Asking Price: $550,000   Down Payment:  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
This charming, modern, newly-renovated property and business is located in a beautiful scenic part of Prince Edward Island. It is close to amenities, 50 minutes out of Charlottetown and 25 minutes from Montague.  This is a solid and sustainable business which includes newly renovated accommodation in the building that will allow you to walk to work from day one.  Customers rave about the décor, atmosphere and above all, they return for a contemporary menu that is prepared fresh daily in the functional and spotless kitchen.   The current owners have worldwide restaurant and culinary experience and it shows in the food, environment, preparation and service. It is the definition of a “turnkey” operation. The new owners will hit the ground running and generate solid revenue immediately.  The selling price includes the building, the surrounding land, all equipment, chattels, living accommodation and access to recipes that have allowed the business to flourish and allow the new owners to not miss a beat.  Please note that anyone who is interested in reviewing any information about this business will need to sign a legal, binding non-disclosure agreement and provide proof or validity of financial qualifications prior to reviewing any information. If you would like to discuss this business, please contact Kevin Forrester of VR Business Brokers at (902) 370-8722 or via e-mail at kevin@vrpei.com.****PLEASE NOTE: We offer English/Asian bilingual services to assist with the purchase of a business through the Prince Edward Island Provincial Nominee Program****

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Inventory:
Furniture, Fixtures & Equipment:
Real Estate: $550,000 Included
    Total Assets Included in Sale: $550,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Kevin Forrester
Phone:  (902) 370-8722
E-mail:  kevin@vrpei.com
VR Business Brokers-CHARLOTTETOWN, PEI, CANADA
76 Kent Street
Suite 205
Charlottetown, PE C1A 1N4
www.vrpei.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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