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Casual Diner Second Generation Restaurant

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Complete NDA for Full Overview

Price: $300,000

SDE: $0

Location: New Brunswick

ID: 1269

Description

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 owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

** 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

Operations

The building sits on approximately 6,000 sq ft of land.

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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