Call: 250-426-8812

For Sale!

Top Rated East Kootenay Mediterranean Restaurant For Sale

located in Cranbrook, British Columbia

Business description

This small 42-seat fully licensed restaurant is well established and highly regarded as the top spot by locals and visitors alike. It features an open kitchen layout and is the perfect business for a working couple!
Currently run on a five-day-scedule with dinners only, therefore has growth potential.
Additional business income through an established catering service to up to 200 people

Property information

Real Estate:
Lease
Lease terms:
tripple net lease in place until April 2018 with a 5-year extension clause
(A new lease agreement would need to be signed by the buyer at time of takeover)
Leasehold rent:
$12 per sq ft per annum
Location:
Located on one of the busiest intersection in the city along Hwy 93/95
Lots of free parking available
Across of the biggest mall in the region
Premises details:
Located in a one-storey mini mall with three other businesses and shared parking lot
Size in square feet:
1,200

Business Operation

Sales revenue (2015):
$307,744
Expansion potential:
expansion potential includes Lunch business, 7-day/week operation
Competition / Market:
lots of chain- and fast food restaurants in town, no other mediterranean fine dining in the region
Trading hours:
Wednesday - Sunday, 5-9PM
Employees:
5
Years established:
12

 

Sale Price

  • $109,500
  • (Turn-key: Furniture / Fixtures and related inventory,Signage, Websites. / Food, Liquor Stock extra)

 

Other information

Support & training:
Ongoing training and support is available and negotiable to buyers needs in order to succeed
Websites :
 
www.allegrarestaurant.com
www.facebook.com/allegrarestaurant
 
 
Bar Bar
 

Kitchen Window Kitchen

 

Kitchen Dining room

Contact us

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