Atlantic Canada's Business Transition Specialist

SINCE 1998

ASKING PRICE:  $450,000
LOCATION:  Southern New Brunswick

Located in a small town in a scenic area of New Brunswick, this busy pub/restaurant offers a moderately priced pub style menu and is the only licensed restaurant in the town. The building has an area of approximately 2,000 sq. ft. and features a large deck with a water view.

The restaurant operates year-round and the owner works actively in the business. In addition to the owner there are 10 employees who are expected to remain after the sale. The present owner will remain for a reasonable transition period. Revenue in 2022 exceeded $700,000.

This business will appeal to individuals with general management and marketing skills who wish to continue operating the business in the current manner as well as to individuals or corporate acquirers with fresh ideas and restaurant management experience.

The fixed assets and goodwill of the business including land and building, furniture, fixtures and equipment are valued at $450,000. The price does not include inventory and receivables nor current liabilities. The transaction will be structured as a sale of shares. The sale price for the shares of the company will be adjusted to reflect the balance sheet at the time of closing.

For more information, please Email: info@cbibusinesstransitions.com