Established Canadian businesses - For Sale by Owner - in Canada
Listing # 02623001
Business For Sale
Established Restaurant and Residence with many options available!
$350,000.00 (Cdn)
Business Location: British Columbia Postal Code: V0X Relocatable: No
Business Categories:
Hospitality & Food Service Home Based Business
BUSINESS FEATURES
Well established Restaurant, known for good food and friendly service. Good location at Junction of two major highways and excellent 'word of mouth' recommendations of best place to eat in the area.
Excellent Wineries and Vineyards nearby, good market for Wine lovers, golfers, Apex Mountain near for Skiing, many promotional opportunities.
We live right upstairs in a three bedroom living quarters and don't have to drive. It's very convenient. The community is a friendly and fun place to live activities for all ages. Community Center a few steps away as well as School and Parks and playgrounds.
Recent new Addition, more living spaces - negotiable.
FINANCIAL INFORMATION
Consistent income over the years has allowed us to improve and upgrade, renovate, make a nice living and vacation every year for up to one month (closed). This based on being open only for Dinner. This is a great business to take over as it is.
We are willing to carry mortgage up to $200,000 dollars - negotiable.
Options to lease. All negotiable. Wish to retire.
See what others are saying about our great restaurant: http://foodpages.ca/brandingironsteakhouse?reviewo=1#ratings
MARKET & COMPETITION
Our market takes in a large surrounding area of the Similkameen Valley. With the Okanagan Valley 30 minutes away. The Steakhouse is well known and people come through here from Vancouver and all over the province and country. The locals are very supportive as there is no other place like ours for many miles ,they consider our place the best.
There is opportunity for opening for other meals and catering as well, wine pairing dinners, cross promoting, much potential for those who love people, enjoyable.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
Business, equipment, furnishings, everything business related.
Everything negotiable, good staff available. Option to lease business/property.
Established July 1st 1998, good clientele. Owners wish to retire.
Three bedroom living quarters above Restaurant
Furniture in living quarters negotiable as well,besides sentimental,personal etc
Business is 60 seats with nice Patio for Summer use. Well equipped kitchen, dining room recently remodeled, updated nicely, received many compliments.
Since 1998 many upgrades and renovations, new washrooms, beautiful log addition and more.
Only nice dining Restaurant in the area. Good local clientele as well as customers from all over Penticton, Oliver, Osoyoos, Cawston, Hedley and Vancouver and Alberta.
- EXCLUDED from the Price -
Inventory on food and Liquor at take over. Negotiable.
Inventory of Liquor and food to be taken at date of 'take over' to be negotiated, as this is to bring income to new owner and has been paid for by previous owners.
- OPTIONAL & EXTRAS -
Inventory of food and liquor to be negotiated.
Inclusion or purchase of furniture in Apartment above Restaurant can be negotiated if buyer is interested.
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nor for the accuracy of any language translation of it.
The Buyer should contact the Seller directly and verify
the accuracy of all information to his/her own satisfaction.
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