Restaurant/Food Services Business For Sale in Halifax, NS (Listing ID: 2207)
Local, trendy, and hip, very few would suggest this operation is not an award winning bistro,
- Open just 43 hours per week.
- Lunch and Dinner services with weekend brunches
- Seating for approximately 70 = an intimate experience for guests
Financial Information (CAD)
Revenues from $925K to $1.03M over the past 4 years.
Additional $24K in rental income, which could also be increased.
SDE's have ranged from $146K to $214K over the past 4 years.
There is an additional $50K available should a duo look to take over the operation
Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.
Minimum Equity Required
$6000/month for the remaining 2 years, starting March 2020.
The premises includes 3 rental apartments, one of which is a 2 bedroom unit currently used as an office.
This listing is currently under agreement
Halifax, NS Restaurant/Food Services Business For Sale Details
Last Year of Completed Statements
% of Business Selling
Reason for Sale
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.
Liquid Cash Invested:
Interest on Borrowed Amount: