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Prominent Franchised Family Restaurant

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Complete NDA for Full Overview

Price: $169,000

Annual Revenue: $775,000

Minimum Equity Required: $67,600

Location: Nova Scotia

Industry: Restaurants

ID: 1365

Status: New

Description

Seize the opportunity to own a thriving family restaurant, a part of a renowned franchise, with a legacy spanning over decades. This beloved establishment is not just a business but a cornerstone in the community, offering a warm, family-friendly atmosphere that has been drawing loyal customers for generations.

Nestled in the heart of the community, the restaurant boasts a prime location with high visibility and easy access. Surrounded by bustling commercial activities and residential areas, it benefits from a steady stream of local and visiting patrons.

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

Revenues (Financial Statements Year End March 31):
YTD In-house financial statement (6 months): $420,000
2023: $775,000
2022: $445,000
2021: $425,000

Operations

The business operates in a leased space.

*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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