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Businesses For Sale > Business For Sale in Halifax, Nova Scotia, CANADA (CAN)
Bar and Grill for sale in Halifax, Nova Scotia, CAN
Halifax, Nova Scotia, CANADA (CAN)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,000,000 |
$ 2,044,975 |
$ 281,772 |
Furniture and Fixtures Value:
$ 25,430 (included in the asking price)
Inventory Value:
$ 32,528 (included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
This business, is a long-established restaurant, lounge, and pub located in the middle of an affluent neighbourhood, which continues to grow. The pub provides food, liquor, Lotto machines, and occasional entertainment to a long-devoted group of customers. The location is ideal, in an outdoor mall, in a traffic hub, surrounded by anchor tenants, and with several new apartment development projects nearby. Like all establishments of this type, Covid affected performance for the larger part of two years. But 2023 results show a large bounce back to historical results.
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| Year
Business was Established: 1993 |
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| Number of Employees:
11 FT/15 PT |
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| Facilities / Terms of Lease:
The Bar & Restaurant occupies 7,000 square feet in an outdoor mall. The space includes a well equipped kitchen, restaurant area, expansive bars, stage for entertainment, and dance floor. |
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| Potential
Growth/Expansion:
A new owner, with a new brand, and renewed energy should be easily able to increase revenue and income. |
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| Competition:
As usual there is lots of competition within the food service and restaurant industry, but less so in this neighbourhood for Lotto machines, and bars. |
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| Owner
willing to train:
Will train for 8 weeks @ $0 cost. |
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| Reason for selling:
Retirement of Operating Owner. |
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Seller Reference Number: 9201-17939
BusinessMart.com Listing Number: 302184 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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