Business for Sale

Revelstoke Restaurant

usiness
111 2nd Street East Revelstoke Thompson/Okanagan Columbia-Shuswap
$250,000.00
 

Revelstoke restaurant opportunity – Here’s your chance to own a successful restaurant in highly sought after Revelstoke. Minutes away from the most vertical skiing in all of North America and walking distance to the downtown core. Ample street parking and bike racks out front. Located on an owned 7764 sq.ft. property. Recipient of Trip Advisor’s certificate of excellence, limited marketing expenses and lots of return customers that are attracted by the world-renowned reputation. Profitable restaurant with proven returns, which have been growing substantially year over year. Systems in place where only a part-time presence is required by the owner, a rarity in the restaurant industry! Seating space for 90 inside, 50 on the patio and an office to complete any needed paperwork. This restaurant has been in operation for 13 years and closes twice a year for one month. Otherwise, it opens 7-days a week from 5:00pm – 9:30pm. POS system is only 1.5 years old, heating system was upgraded 2 years ago in lounge area, new furnace for dining room is being installed in April and the kitchen is stocked with new equipment. Solid construction and plenty of expansion opportunities that include opening for breakfast, operating 12 months a year and adding a wine store. Building and land are available for purchase along with the business. Capitalize on this expanding business in the high growth community of Revelstoke today. Revenue (2016): $623,000 Cash Flow (2016): $93,000 Down Payment: $75,000 Monthly Payroll: $22,250 Note: address is of listing agent.



 
 
 
 
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Community Profile: Revelstoke

Thompson/Okanagan
Columbia-Shuswap

Revelstoke is located in the British Columbia interior between the Monashee Mountains and Selkirk Ranges. The Trans Canada Highway at Revelstoke’s door provides easy access west to Vancouver and east to Calgary. Over four million motorists travel the corridor every year, stopping to revel in the natural setting of ancient glaciers, mountain streams, awesome vistas, and abundant

Statistics
Total Population 7,139
Median Household Income $57,724 ($CDN)
Closest Commercial Airport Kelowna International Airport (186km)
Closest Ocean Port Port Metro Vancouver (535km)
Closest Major Centre Calgary (413km)
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