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Food & Beverage - Restaurants | Food & Beverage - Other Drinking & Eating |
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| Asking Price |
$119,900 |
Inventory |
Not Disclosed |
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| Revenue |
$360,000 |
Real Estate |
Not Disclosed |
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| Cash Flow |
$64,000 |
Year Established |
1990 |
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| FF&E |
Not Disclosed |
Employees |
9 |
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This family-owned restaurant has been serving the local community steadily for many years and is now the ONLY shop in this municipality just minutes outside London, Ontario. The location is central to town activity, serving high quality pizza, salads, wings and other taste treats to dine-in, take-out, and delivery customers some of whom have been eating here since they were toddlers.
The kitchen and its equipment are fully capable of producing a much wider range of fare than is currently being offered.
You will benefit from a proven business model, and knowledgeable, trained staff. This restaurant has a liquor license and the owner is willing to provide the forms necessary for an uninterrupted transition to new ownership.
Located near a main intersection in the growing, upscale bedroom community of Dorchester. |
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| Facilities and Assets: All equipment and inventory are included. As well, a 2008 delivery van is included in the sale. The restaurant occupies 2275 square feet. The building is leased, which expires in 2014, and there is a 5 year option. This sale will be an asset sale, therby providing the buyer with potential tax stragedy advantages, as well as minimizing potential libiality issues. |
| Market and Competition: The restaurant is located in a prime area of Dorchester. The business has allways offered a high quality product compared to competetors as its foundation of marketing stragedy. Having been located in the same high profile place for over 20 years has established the brand. Currently this is the only pizzeria in town. |
| Growth and Expansion: Potential improvements to the business by the buyer could include further utilization of the dine in space, menu expansion, and developing a patio market. Further enhancing brand recognition through website implementation, and sport sponsorship. |
| Financing: negotiable |
| Support/Training: The business has a full complement of trained, knowledgable staff. Operations would be a turn key situation. Buyer could assume the role of manager or recruit. Seller training can be negotiated. |
| Reason Selling: Change in career |
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| Business listed by: |
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Chris Patterson
519-282-4986 |
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| AD # 102228 |
| The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad. |
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| Business listed by: |
Chris Patterson
519-282-4986 |
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