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Specialty Take-Out and Online Dining Restaurant

Halifax, CANADA

Asking Price: Gross: Cash Flow:
$399,000 $420,678 $200,452

Furniture and Fixtures Value:
$18,323 (included in the asking price)

Inventory Value:
$3,500 (included in the asking price)

Business Summary:
This vegan restaurant offers plant-based comfort food and fresh pressed bottled juices, smoothies, and baked goods which rotate daily.The business operates with a quick-service and takeout model, offering delivery through all the main-stream food courier services, in keeping with the overwhelming trend toward off-premises dining.

 
   
   
Year Business was Established: 2014
   
Number of Employees: 4 FT/4 PT  
   
Facilities / Terms of Lease: The restaurant presently leases a storefront location in Halifax, in a busy, growing area with lots of nearby parking. Presently, rent is month to month, but the landlord has shown interest in a long term lease for a new owner.  
   
Potential Growth/Expansion: The restaurant has a complete kitchen with up to date equipment necessary to provide for all its needs.  
   
Competition: The restaurant industry is always competitive, but the business has carved out a niche market of local walk-in and take-out customers, and online and delivery customers, looking for a healthier menu than the traditional pizza, donairs, and Chinese food.  
   
Owner willing to train: Will train for 8 weeks @ $0 cost.  
   
Reason for selling: The owner is moving on to another project elsewhere in the province, in an unrelated field  
 

 

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