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Accommodation & Food Services

Two Location Established Restaurant Brand In Winnipeg

Winnipeg, MB, CAN
Listed 54 days ago
Established 2004

A unique opportunity to purchase a well established two-location restaurant brand in Winnipeg, Manitoba. These two locations are staples in the market having been around for over 20 years. The concept is a creative and healthier food option that is a proven brand - a buyer can expand the footprint to other major centers, or open more locations in the Winnipeg market. Current ownership does not participate in day-to-day management and each location has established and capable staff that would be part of the sale. Ownership is open to an asset sale and this will include working capital (primarily inventory of around $45k) plus all equipment, furniture and leaseholds (estimated at around $400,000). Turnkey business with everything needed, including all staff.

Location

Two great locations that the businesses have operated from for years. Well known locations.

Real Estate

Lease

Management Type

This business has absentee ownership.

Support & Training

Fully staffed, including long term GM's in each location. Current ownership is not active day-to-day in management.

Expansion Potential

Add more locations in the city, or expand this unique format to other cities across the country

Inventory / Stock Value

$45,000 (CAD) - included in the asking price

Reason for Selling

Other interests / retirement. Ownership has had the business for 22 + years.

Financials

Asking Price
$779K
RevenueMost Recent Year
$3.1M
Earnings (SDE)Last Reported
$164K
Assets ValueIncluded in Asking Price
$400K
Seller Financing
Not available

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