Aldrin Raphael FernandesVerified
ProClient Realty Inc.
ProClient Realty Inc.
Mississauga, ON
27 listings214 sold
Longstanding Beachfront Restaurant Sauble Beach
No longer listed
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Listing details
No longer listed As listed until it came off the market, kept for reference.
Asking price
$450,000 CAD
Revenue (TTM)Revenue (TTM)Total sales over the last twelve months, before any costs or expenses are taken out. It is not profit. Glossary entry
$864K CAD
Cash flow (SDE)Cash flow (SDE)Seller’s Discretionary Earnings: the profit of an owner-operated business before the owner’s pay and benefits, one-time costs and non-cash expenses. It shows what a working owner could take from the business. Glossary entry
Not disclosed
Figures in Canadian dollars, as reported by the seller while it was listed. What is SDE?
Highlights
- Established in 1980
About this business
As the seller described it while it was listed.
Welcome to Sola's Grill! This family-friendly restaurant is located in the heart of the popular tourist hotspot just across from stunning Lake Huron in Sauble Beach. Operating for over 40 years Sola's is well-known and frequently visited by locals and tourists. Each year approximately 40,000 people flock to this beach and Sola's is well equipped to handle them. One of the only restaurants' that offers sit-down dining and is fully LLBO licensed. Amazing prime location, delicious quality food, and unbeatable service. Coupled with long lease options in place, many customers return year after year, and growth opportunities this restaurant is here to stay! Seller is willing to train to ensure a smooth transition. Sola's has proudly been part of the Sauble Beach community since 1980, come and see why!
Business details
| Detail | Information |
|---|---|
| Company name | Longstanding Beachfront Restaurant Sauble Beach |
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 1980 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| Reference # | 3447 |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land and building not included in the sale |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
ON, Canada
Listed by
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