Business Location: P.E.I Postal Code: C0B Relocatable: No
Business Categories:
Hospitality & Food Service Food & Related Products
BUSINESS FEATURES
Restaurant/ Take out/ Dairy Bar - established 1987
Located on main thoroughfare in community 25k west of Summerside. Excellent local support (90%) with additional business from cottagers and tourists. ( PEI hosting 2009 summer games.) 80% take out business. Located next to elementary school with playground and local ball/soccer fields.5 minute drive to local hospital, arena, shopping. 5 minute drive to shore. 20 minute drive to Mill River Golf Course.
Currently operating from March - Nov. open 7 days/week until september - 5 days/week Sept- Nov.
Opportunity to increase business with addition of breakfast menu, liquor license, outdoor patio, longer season.
FINANCIAL INFORMATION
The $270,000 asking price is for an asset sale. Owners open to share sale of $250,000.
Equipment list, financials available to serious buyers only.
Provides a comfortable living, personal living expenses covered by the business.
MARKET & COMPETITION
Our market is our local clientele supplemented by cottagers and tourists during the summer months. Several local businesses place multiple lunch orders during the week. High volume ice cream sales with nearest competition several km away. Local store has some takeout with very limited seating.
Have accomodated school outings, senior tours and local work projects.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
23 seat restaurant with take out windows - new furniture,floor,paint
all restaurant equipment, walk in cooler, water softener
900 sq ft home - 2bed, 1bth - sun porch with hot tub, appliances
1.78 acres of land, paved parking lot, fenced back yard
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The Buyer should contact the Seller directly and verify
the accuracy of all information to his own satisfaction.