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Successful Landmark Restaurant in Southern Manitoba for sale in CAN

CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 295,000 $ 193,296 $ 62,668

Furniture and Fixtures Value:
$ 84,986 (included in the asking price)

Real Estate:
$ 110,500 (included in the asking price)

Business Summary:
Successful profitable family restaurant is a landmark destination in southern Manitoba. The restaurant is known for excellent service and food quality. The current owners have run the business for the past 10 years with a small staff. The restaurant building of approximately 1,800 sq. ft. is included with the sale along with the land and the Real Estate value comprises $110,500 of the total listing price. The town of Gretna is just north of the Canada - US border. The broader area within 45 minutes has over 13,000 people and the town is 90 minutes south of Winnipeg. Cross border patrons remain significant. The building has been completely updated with a full new kitchen, new A/C, new roof, security doors forced air gas furnace and 400A electrical service.The property being sold with the Restaurant includes a development lot on the south side suitable for expansion or a small home build.

 

   
Year Business was Established: 2009
   
Number of Employees: 1 FT/ 2 PT  
   
Facilities / Terms of Lease: 1,800 sq. ft. Restaurant. The building has been completely updated with a full new kitchen, new A/C, new roof, security doors forced air gas furnace and 400A electrical service.  
   
Potential Growth/Expansion: The restaurant has done limited advertising and promotion over the years as it is well known in the local area. However, investment in selective advertising in Southern Manitoba and North Dakota could yield positive results.  
   
Owner willing to train: Will train for 4 weeks @ no cost.  
   
Reason for selling: The owners are retiring.  
   
Seller Reference Number: 9105-13813
BusinessMart.com Listing Number: 223441
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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