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Restaurant/Food Services Business For Sale in Ottawa, ON (Listing ID: 2718)

Restaurant/Food Services

Artisan Gelateria & Espresso Cafe

Restaurant/Food Services Ottawa, ON

$185,000 CAD

Independent

Heres the scoop this popular gelato and espresso bar has been serving the community delicious handcrafted gelatos and sorbets along with affogato, hot chocolate, milkshakes, and more for 30 years. Committed to preserving the authentic Italian experience they are always using the freshest, finest ingredients including flavourings imported from Italy. Known for unique flavours, superior quality, and almost 500 positive reviews means theres always a line to get these sweet treats. Great frontage with high volume foot traffic located in a bustling part of the city. Close to restaurants, shopping, universities, city hall, and more. Growth potential includes expanding locations, broadening flavour varieties, and entering the cake/wedding market. Seller willing to train to ensure a smooth transition. Dont miss out on this golden opportunity!

Ottawa, ON Restaurant/Food Services Business For Sale Details

Legal Body

Incorporated

Established In

1987

Last Year of Completed Statements

2019

Gross Revenue

$326,000

Annual Earnings

$62,000

Land/Building Included

No

Rent/Lease Amount

$8,242

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

No

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.

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Annual Return On Equity Calculator

Annual Earnings:

$62,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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