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Accommodation & Food Services

Popular Halifax Cafe

Halifax, NS, CAN
Listed 165 days ago

Highly visible North End main street location with steady foot traffic. This turnkey café space offers flexibility to continue the current concept or introduce a new hospitality vision. Existing infrastructure and second-generation equipment help keep startup investment low. Attractive lease in place with 7 years remaining on current term plus renewal option period. Current base rent is $36K per annum plus half of property taxes estimated at $6K per annum for total current rent of $42K per annum. Annual revenues have been in the $500K range per year operating 7 days per week from morning to early afternoon. There is potential for additional revenue through expanded hours of opening. Asset sale including furniture & fixtures, leaseholds, equipment plus goodwill. Bank loan secured by business assets will be repaid at closing. Great opportunity for individual or couple looking to operate a café or for existing operator looking for new locations.

Real Estate

Lease

Financials

Asking Price
$220K
RevenueMost Recent Year
$500K
Earnings (SDE)Last Reported
$50K - $100K
Assets Value
Undisclosed
Seller Financing
Not available

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