Cozy Bistro in Norfolk County - Corbett Business Sales & Acquisitions
Norfolk County

Cozy Bistro in Norfolk County

Offered At
$ 750,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
198000
EBITDA
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FFE
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Year Established
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Includes REA
0
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Description

Cozy Bistro and Bar in Metro West. Located on a numbered highway. Take advantage of being the only operator, with this stunning concept, in an underserved affluent community. This charming restaurant has had a long and steady history of success. Ideally set up for an owner/operator. They are supported by a strong and loyal customer base. Sales and profits can be easily increased by extending hours and opening 6/7 days per week. There is a 2nd working kitchen area in the huge basement, opening opportunities for additional revenue streams! You could easily increase sales to 3M. A 1.3M build out shows and it is as turnkey as it gets. There are no apparent expenses necessary.

Parking: Plenty of dedicated parking
Lease Terms: 7 years remaining plus options
Base Rent: $12,300/month
Seating: 100 inside, 20 outside
Size: 3,000 square feet plus full basement
Hours: Open for dinner 5 days/week
Licenses: Full Liquor License
Cash Flow: $198,000
Sales: $2,070,000 – on pace for $2.3MM in 2023
Concept: Bistro
Asking Price: $750,000 (For the Business)

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