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Restaurant Investment Opportunity in Edmonton, Canada

Restaurant in Edmonton specialized in traditional European cuisine with modern twist, seeking investment for expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.04 million
Run Rate Sales USD 1.07 million
EBITDA Margin 10 %
Industries Restaurants
Locations  Edmonton
Local Time 4:42 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 390 thousand for 50.0% stake (Native Currency: CAD 550,000)
Reason: Seeking $550K for 50%, this investment is crucial to getting on the right track. Already a well-esta... View More
Includes physical assets worth USD 72 thousand
Interested to connect with advisors
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Business Overview
Established as a reputable culinary destination in Edmonton, offering traditional European cuisine with a modern twist, and a strong recognition in the region and province.
- Boasts an impressive annual revenue of approximately CAD 1.5 million, reflecting its financial stability and growth prospects.
- The restaurant maintains an extensive client database of over 5,000, highlighting customer loyalty and a solid market presence.
- Highly rated with an average of 4.8 out of 5 stars, showcasing exceptional customer satisfaction and service quality.
- The seating capacity of 100 (55 indoor and 45 patios) provides a versatile dining experience catering to different customer preferences.
- Primarily reliant on walk-in and dine-in customers, with 80 to 100 clients served daily, indicating a robust and consistent footfall. The average ticket size is CAD 50.
- Offers additional accessibility and convenience through online delivery channels, expanding its reach beyond the immediate locale.
- Business has a liquor license in place.
- Helps with immigration paperwork.
Products & Services Overview
The top-selling items include pierogies, schnitzels, dill pickle soup, and house-made bread. The menu offers a variety of options such as entrées, soups, salads, sandwiches, sides, along with both alcoholic and non-alcoholic beverages. The restaurant caters to all dietary preferences, serving vegan, vegetarian, and non-vegetarian dishes.
Assets Overview
Physical assets include kitchen equipment, furniture, plates and cutlery which is CAD 75k, 15k is food supplies and 10k is alcohol inventory.
Facilities Overview
One floor with 55 seats inside and 45 on the patio, with very reasonable rent at $3,150 per month. The lease is now renewed for 10 years with no increase. We have a second location which is 5,000 square feet and a manufacturing facility of food products. This is in a very strong food sector "Gluten free certified" all of this is open for further negotiations. Location is Whyte Ave NW, Edmonton.
Capitalization Overview
We provide business and work visas, need a long-term loan of 6-10 years to pay off the debt accumulated since COVID, including CRA remittances, GST, and some high-interest loans that are eating into our profits.
There is 1 owner in the business.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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