Location!! Great opportunity here! Well established business with stable clients. In the heart of busy chinatown, ideal area and neighborhood for family business operators, all year round traffic, walking distance to U o...
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Location!! Great opportunity here! Well established business with stable clients. In the heart of busy chinatown, ideal area and neighborhood for family business operators, all year round traffic, walking distance to U o...
Asking Price : $188,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,646
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This unique investment opportunity in a thriving area, blending commercial and residential spaces for maximum versatility and revenue potential. The primary feature is a large restaurant space, ideal for a bustling eater...
Asking Price : $299,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,544
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great turn-key business for sale in best location in downtown Parksville! Well established restaurant located in a highly visible mall area. Easy to access. Close to beach, community park, highway and amenities. Great s...
Asking Price : $55,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
RARE OPPORTUNITY! Located at The Mukai, a small boutique building named after the original Mukai confectionery from the turn of the century. This street level corner unit is situated at Steveston's busiest intersection. ...
Asking Price : $358,800
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,207
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Morden Vietnamese Restaurant located at Dundas st. Vancouver. 1598 s.q.f.t. Servicing Vegan dishes. Having liquor license, walk in cooler, 50 seat capacity. Basic rent around $2000/m (id:39198)
Asking Price : $350,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,598
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
High Volume Italian Bakery & Deli Grossing almost $1.1 Million for fiscal 2024 operating Monday to Saturday 9:30am - 6:00pm, Sunday Closed!! This business has multiple revenue streams to include retail, wholesale to a fe...
Asking Price : $579,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,100
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Profitable franchise burger restaurant for sale! Approximately 2500 sqft restaurant and includes a Drive Thru! Ample seating area for dine in customers and a large kitchen for preparations. Fully equipped kitchen and lar...
Asking Price : $989,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent opportunity to own a successful & fast growing Pizza shop in the prime neighborhood of Aldergrove. All the appliances including a good size walking cooler are in a mint condition. Prime Location with heavy foot...
Asking Price : $185,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Popular food court business for sale at Aberdeen Centre in Richmond, with fully equipped commercial kitchen in 323 sqft. Currently operated as a beef noddle kitchen but can be changed to other potential food services. Le...
Asking Price : $128,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 323
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Amazing Shawarma House for Sale. Well established location since last 7 years the location has been replaced recently but the business is established long. Sales at $ 1700 to $ 2000 a day with low rent of $ 2600 long lea...
Asking Price : $499,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The market for restaurants for sale in Regina, Saskatchewan presents a dynamic and evolving landscape against Regina's vibrant culture and economic stability. As a city that takes pride in its diverse and rich culinary scene, Regina provides many opportunities for entrepreneurs eager to venture into the restaurant business. This thriving environment and the city's strong economic foundation make it an ideal location for those looking to purchase and grow a successful restaurant.
The hospitality industry in Regina is a testament to the city's eclectic and welcoming nature. Before delving into the diverse cuisine options and local business support, it's essential to understand the fabric of Regina's dining scene. Regina's restaurant market is distinguished by:
Diverse Cuisine Options: Reflecting a melting pot of cultures, Regina's restaurants serve everything from traditional Canadian fare to exotic international cuisines, catering to all palates.
Support for Local Businesses: A characteristic feature of Regina is its strong community support for locally-owned eateries, fostering a nurturing environment for new ventures.
The synergy between Regina’s cultural attractions and dining establishments further cements its status as an appealing location for restaurant investments.
Regina's reputation as a culinary destination is rising, thanks to its dynamic food scene and enthusiastic foodie community. Two key factors contribute to this popularity:
Annual Food Festivals and Events: These gatherings, celebrating food and culture, attract locals and tourists, showcasing Regina's vibrant food culture.
A Growing Foodie Community: The increase in Regina food bloggers and culinary influencers shows an engaged community eager to explore and share dining experiences.
Defining clear business goals is pivotal when exploring restaurants for sale in Regina, Saskatchewan. Consider the type of restaurant that aligns with your vision, target market, and long-term objectives for the establishment.
Assessing your financial readiness involves considering the initial investment required, ongoing operational costs, and having a financial cushion for the early stages of your business. This financial planning is crucial for a smooth start and sustained operation.
Understanding the legalities of purchasing and operating a restaurant in Regina is critical. This includes familiarizing yourself with necessary permits, regulatory compliance, and seeking legal advice to navigate business and commercial transactions effectively.
Finally, a thorough evaluation of the market conditions is essential. It involves analyzing customer demographics, conducting competitor analysis, and keeping abreast of economic trends that can influence dining habits and spending in Regina.
Exploring the restaurant market in Regina requires a keen eye for detail and an understanding of the various aspects that make up a restaurant listing. Each listing provides vital information that can influence your decision-making process.
When reviewing restaurant listings in Regina, it's crucial to focus on:
Operational History: Look at how long the restaurant has been in operation. A long-standing establishment might offer a loyal customer base and a proven business model.
Physical Condition: Assess the maintenance state of the property. This can impact renovation costs and the time needed before reopening.
These details provide a snapshot of what you are investing in and help gauge the restaurant's potential.
The diversity in Regina's restaurant scene is reflected in the types of establishments available for sale. These include:
Fine Dining Restaurants: Catering to an upscale market, these establishments offer a sophisticated dining experience.
Casual Dining and Eateries: These restaurants appeal to a broad audience, offering a relaxed atmosphere and moderately priced menus.
Specialty Cuisine Restaurants: Focused on specific culinary traditions, these restaurants cater to niche ethnic markets.
Understanding the type of restaurant that aligns with your vision and market demand is key to making a wise investment.
The restaurant's location in Regina plays a critical role in its success. Key aspects to consider include:
Proximity to High Traffic Areas: Restaurants near shopping centers, offices, or tourist attractions often benefit from higher foot traffic.
Neighborhood Demographics: The local population's dining preferences can influence the type of restaurant that will thrive in a particular area.
Accessibility and Visibility: Easy access and good visibility can enhance a restaurant's appeal to potential customers.
Evaluating the physical state of the restaurant is essential. Consider:
Kitchen Equipment and Facilities: Ensure the kitchen equipment is up-to-date and well-maintained.
Dining Area and Decor: The ambiance and comfort of the dining area play a significant role in attracting and retaining customers.
Understanding the financial health of the restaurant is crucial. Key metrics include:
Revenue Streams: Analyze the main sources of revenue and their stability over time.
Profit Margins: Look at the restaurant's profitability, considering gross and net margins.
Expense Breakdown: Understanding the major expenses helps in forecasting future financial performance.
Location and competition are intertwined in their impact on a restaurant's success. Consider the following:
Finally, ensure that the restaurant complies with all local regulations. This includes:
Food Safety and Health Permits: These are mandatory for operating a restaurant.
Liquor Licences: If the restaurant serves alcohol, verify the status of its liquor license.
Business Operation Permits: Apart from food and health-related permits, make sure the restaurant has all necessary business operation permits in place, which may include zoning, signage, and fire department permits.
Environmental Compliance: Check for any environmental regulations applicable, especially if your restaurant deals with special waste disposal or has outdoor seating.
Building and Fire Safety Codes: Ensure the restaurant premises adhere to building and fire safety codes, which may require an inspection or certification from local fire and safety authorities.
Once you've identified a restaurant in Regina that aligns with your goals and have thoroughly assessed its potential, the next critical phase is making an offer and navigating the complexities of the purchase process.
Making an offer on a restaurant involves several strategic steps. To ensure you approach this phase effectively, follow this ordered list:
Navigating the legal landscape is a crucial aspect of purchasing a restaurant. It's important to:
Review All Contracts: Scrutinize all legal documents, including leases, vendor contracts, and employment agreements, for any potential liabilities or obligations.
Consult a Lawyer: Engage a lawyer experienced in commercial transactions to guide you through the legal processes and ensure all regulatory requirements are met.
This legal groundwork is essential to protect your investment and ensure a smooth ownership transition.
Finalizing the purchase is the culmination of your hard work and planning. This stage includes:
Closing the Deal: Once all terms are agreed upon and legal checks are completed, sign the final purchase agreement to transfer ownership.
Transition Planning: Work with the seller for a smooth handover. This may involve training, introducing you to key suppliers and employees, and transferring essential knowledge about the business operations.
With these steps completed, you are now ready to embark on your exciting new journey as the owner of your restaurant, poised to make your mark in the culinary landscape of your community.
Embarking on the journey of owning a restaurant in Regina represents more than just a business venture; it's a step into a thriving community with a rich culinary landscape. As you consider the array of restaurants for sale in Regina, Saskatchewan, remember the critical insights and strategies outlined in this category page to guide you toward a successful and rewarding business endeavour in this dynamic city.
The journey to owning a restaurant in Regina is filled with critical considerations. Here are the key takeaways:
Market Analysis: A thorough understanding of Regina's restaurant market and customer demographics is essential.
Financial Planning: Assessing your financial position and the restaurant's financial health is crucial for long-term success.
Legal and Regulatory Compliance: Navigating the legal aspects and ensuring all licenses and permits are in order safeguards your investment.
Location and Competition: Choosing the right location and understanding the competitive landscape are vital for attracting and retaining customers.
Making an Informed Offer: Follow a structured approach, including due diligence and legal consultation.
Looking forward, the restaurant industry in Regina, Saskatchewan, shows promising growth and innovation. The city's growing population and evolving culinary tastes present ongoing opportunities for new and existing restaurant owners. Staying abreast of market trends, embracing technological advancements in hospitality, and continually adapting to customer preferences will be key to thriving in this dynamic industry.
The future of Regina's restaurant scene is not just about food; it's about creating memorable dining experiences, fostering community connections, and embracing the rich cultural tapestry that defines this city. As a restaurant owner in Regina, you can contribute to and shape this exciting culinary landscape.
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Well, it's not a fixed number. Prices fluctuate based on restaurant size, where, and how profitable it is. However, you might see anything from CAD 100,000 to over CAD 1 million!
To find listings for restaurants for sale in Regina, Saskatchewan, you can visit Find Businesses 4 Sale. This platform provides a comprehensive selection of available restaurants in the Regina area, offering a range of options to suit your specific needs and preferences.
When buying a restaurant in Regina, Saskatchewan, consider the following key factors: the visibility and accessibility of the location, the existence of an established customer base, current profitability and growth potential, the condition of the facility and equipment, and compliance with local food industry regulations.
Yes, there are things to be conscious of. You need specific licenses like a business license, a food service permit, and maybe a liquor license. Be sure also to know all local health safety, safety regulations, fire codes, and zoning laws!
Indeed, hopeful buyers can look for financial aid or put in a request for a business loan when wanting to acquire a food joint in Regina, Saskatchewan. The province boasts many financial bodies and governmental schemes that could potentially help with such a venture.
https://www.cbc.ca/news/canada/saskatchewan/experience-regina-tourism-1.6782898
https://www.regina.ca/parks-recreation-culture/arts-culture/reginas-culture/
Iconic Foods of Canada: Iconic Saskatchewan food (eatthistown.ca)
https://www.foodsafety.ca/laws-requirements/by-location/saskatchewan
https://www.saskatchewan.ca/business/environmental-protection-and-sustainability
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