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Highly Rated and Popular Cafe and Tapas Eatery

Listing was updated on: 11/20/2019
Highly Rated and Popular Cafe and Tapas Eatery Highly Rated and Popular Cafe and Tapas Eatery Highly Rated and Popular Cafe and Tapas Eatery

Property Overview

Price/Rent PSF $ 169,000.00
Asset Type Restaurant
Trade Type Sale
SQ. FT. Available 1,600
Date Available 11/19/2019
Additional URL Link
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Description

Well established and highly popular cafe and tapas bar in the Okanagan. Situated only steps from the water, this establishment is a tourist hotspot in the summer months with year-round local and loyal patrons. Rated 4+ stars with over 300 reviews, this is an opportunity not to be missed and is take-over ready! Facilities: Approximately 1,600 sq ft Growth / Expansion: - Expand menu to include dinner items. - Extend hours to evening customers. Asking Price: $169,000 Gross Revenue: $813,000 SDE Cash Flow: $108,000 Inventory Included: No Inventory Value: $15,000 Square Footage: 1,600 Is this a leased space? Yes Monthly Rent: $3,260 When does lease expire? 2024 Number of Employees: 2 FT / 4 PT Owner willing to train? Owner is willing to train. Reason for selling: Owner is relocating. For more information contact Business Finders Canada: (250) 491-1111 **Any images used for this posting may not be a representation of the actual Business or Property for sale** Keywords: well established cafe for sale, tapas bar for sale in british columbia, bc tourist summer establishment, loyal following customers cafe okanagan, highly reviewed eatery for sale in okanagan

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