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Accommodation & Food Services

Turnkey Café And Brunch Business In Warman, SK

Warman, SK, CAN
Listed 42 days ago
Established 2024

An excellent opportunity to acquire an established, turnkey café and brunch business in the growing community of Warman, Saskatchewan, just a short drive from Saskatoon. This business has been operating since June 2023 and has developed an established customer base, proven menu and comprehensive operating system. The business is designed to be straightforward to learn and operate. No previous culinary experience is required. Complete Standard Operating Procedures (SOPs), operating manuals, detailed recipes and step-by-step production flowcharts are available to support a smooth transition to the new owner. Training can also be provided following the sale. Reported revenue in a recent year was approximately CAD $241,000, with reported net income of approximately CAD $81,700. The business was historically owner-operated, and the owner's own labour was not included as a salary expense in the reported net income. The business currently has an established staff team and an approved liquor licence. Operating hours are particularly attractive for the restaurant industry: Monday closed; Tuesday through Friday 8:00 AM–3:00 PM; Saturday and Sunday 9:00 AM–4:00 PM. There is currently no dinner or late-night service. The approximately 1,426 sq. ft. premises feature an established restaurant build-out. The current lease is secured through April 30, 2030, with an additional three-year renewal option subject to the terms of the lease. The asking price is CAD $168,000 and includes the business and applicable assets/equipment included in the sale. This opportunity may be particularly suitable for an owner-operator, couple or family looking to acquire an established business rather than building a new restaurant operation from the ground up. Financial information, lease details and an equipment list can be made available to qualified prospective buyers.

Location

102 5 Ave S #3, Warman, SK S0K 0K2

Employees

3

Lease Terms

The current lease is secured through April 30, 2030, with an additional three-year renewal option subject to the terms of the lease.

Real Estate

Lease

Trading Hours

Monday closed; Tuesday through Friday 8:00 AM–3:00 PM; Saturday and Sunday 9:00 AM–4:00 PM.

Management Type

This business is employee owned (ESOP).

Years Established

2

Support & Training

Training can also be provided following the sale.

Size In Square Feet

1,426

Reason for Selling

Owner relocates to other province

Financials

Asking Price
$168K
RevenueMost Recent Year
$242K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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