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Great opportunity to own your business and meet people from all over the world. This Harbour View Cafe has been opened for the past nine years during the spring and summer season and has done very well. It has a beautif...
Asking Price : $149,000
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) : 720
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
vendors wants sold ready to negotiate !!!!A fantastic opportunity to jump into a true landmark business, fully established. A chance to OWN your own business and be self -employed. Well constructed building which houses ...
Asking Price : $365,000
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) : 4,800
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
ONCE IN A LIFETIME OPPORTUNITY! Calling all experienced or aspiring business owners! Here's your chance to own a successful, established business that is a cornerstone of the community in the heart of Grand Falls-Windso...
Asking Price : $749,000
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
Turn-Key Restaurant Business Opportunity in downtown Channel-Port aux Basques. Everything you need to start and run a successful restaurant/take-out is included in this incredible opportunity! Formerly known as Rosie’s...
Asking Price : $214,900
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) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This is an absolutely fantastic business opportunity. The business includes an established Chinese Restaurant called FAR EAST and has an adjoining three-bedroom residential home. It is located centrally on St. Anthony's ...
Asking Price : $875,000
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
Charming Downtown Bar with Vibrant Atmosphere in Stephenville Discover the perfect blend of relaxation and excitement at this downtown gem! This inviting bar features a lively ambiance, complete with VLT machines for tho...
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) : 2,312
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Seize the opportunity to own a prime commercial property in a high-traffic area, just steps from public parking and the shops of Broadway. This building offers three versatile commercial spaces, including two large, self...
Asking Price : $449,900
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) : 5,558
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Ever dreamed of owning your own restaurant near a river and ocean?? Well, this golden opportunity doesn't come around often. This beautiful restaurant is perfectly pitched next to a salmon river that runs into the sea so...
Asking Price : $275,000
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
New Robin's Restaurant outlet with drive through on main road in Harbour Breton located near "Southern Port Hotel & Chalets". Property shows extremely well and has a full basement for storage. All quality furniture and n...
Asking Price : $850,000
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) : 3,234
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The Harbour Restaurant and 1 Ton Pub & Grill is now seeking new owners! If you have a restauranteur itch, this opportunity will be of definite interest. This well-established business had humble beginnings as a take-out ...
Asking Price : $589,000
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
Welcome to your chance to become the proud owner of a thriving, well-established restaurant near Banting Memorial Municipal Park in Musgrave Harbour, which is a popular tourist destination. This business has great review...
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) : 1,258
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Shop owner retiring! Great location for a convenience store, on the corner of Holden and Wyatt. The store provides the local neighbourhood with lunch sandwiches, snacks, lotto, cigarettes and beer, amongst many other ite...
Asking Price : $449,900
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) : 1,712
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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If you want an opportunity to invest in a flourishing sector, check out the variety of restaurants on sale all over Newfoundland & Labrador. From fine dining establishments to fast-food eateries, there is something here to suit everyone’s tastes.
Regional cuisines abound, from classic Maritime recipes such as chowder or fish cakes to unique finds that showcase ingredients from further afield, such as bannock or wild game dishes and alcoholic liquor.
When considering restaurants for sale in Newfoundland & Labrador, it’s necessary to research the market and potential investment thoroughly by conducting due diligence. Be sure to consider all aspects of the business, including its legal structure, financial history, customer base, ownership structure, current asking price, and more.
Buying an established restaurant can save you the valuable time you would otherwise spend starting from scratch: many venues already on sales taxes have loyal customer bases developed over decades of service.
Prime location is key when buying any type of business, especially a restaurant. Research factors such as accessibility (proximity to highways or other roads), population demographics (local age, income property levels, etc.), competition level, and other location-related factors are necessary if you wish to gather information about each location for business before purchasing anything.
When you buy any kind of business for sale – especially one involving meals for consumption – make sure that it meets health regulations. Many provinces have specific guidelines regarding premises size, kitchen setup, and personnel skillsets, so familiarise yourself with these beforehand if possible.
Consultancy advice will prove valuable here – experienced professionals sometimes come equipped with contacts in local government who can efficiently answer your queries better than any online source might be able to do so.
Additionally, try researching existing businesses around your chosen area – see who their customers are by observing them from the outside first before asking questions directly inside -this could help get an idea about how much potential your purchase has overall.
Finding a local broker or agent can also help you identify opportunities quickly. Local brokers have expertise in the area’s market dynamics that help buyers make informed decisions on appropriate pricing expectations, legal matters related to zoning regulations, income before taxes, and other applicable laws governing Newfoundland & Labrador business.
Buying a business requires examining every aspect carefully – but financial reports should take priority over everything else during your evaluation process. Reviewing past financial records gives insight into trends related to revenue gains or losses over time and profit margins per product/menu item etc.
Another point to consider is current taxation schemes applicable at provincial & federal levels before finalizing an agreement on purchase prices relevant to governmental entities in NL.
Getting quotes from vendors for convenience store equipment needed for your new restaurant should be another step in your due diligence process before purchasing an enterprise outright or through whatever means adopted via a buyout or existing owner’s partnership structures etc.
Opening a new business requires various government licenses and permits related to health inspection laws and zoning regulations. Ensure all required documents like a liquor license, retail license, and premises facility license are obtained for your business venture to launch without hiccups.
Finally, speak with professional organizations such as banks about available funding options (avoiding personal debt as far as possible).
Once you purchase a desired restaurant, make sure that your estate honours its place in helping strengthen Canada’s reputation as a Diversely Culinary Nation by showcasing regional dishes and disposition of liquor from the province eagerly tasted almost everywhere else!
With more than 600 restaurants in Newfoundland and Labrador, there are many options for potential buyers. Each investment property has unique benefits, making it difficult to choose the best one. However, with a bit of research and knowledge of what each restaurant offers, you can narrow your options to the top restaurants for direct sales in this beautiful Canadian province.
So don’t hesitate – visit these beautiful lands now and start planning your very own culinary venture today! Although investing in such a business can seem risky, we encourage you to try it. It can turn out to be a profitable business and an amazing opportunity to make it last for a long time.
Under federal and provincial laws, every food business operator and vendor must have proper food and liquor licences. They also need health department permits. The regulations and requirements vary slightly among provinces, but each requires a food service licence.
Besides complying with federal and provincial food safety laws, restaurants in Newfoundland and Labrador must have a Food Establishment Licence. They can obtain it at the Health and Community Services (HCS) department’s Government Service Centre. They also must ensure their staff members have Food Handler Certification, which requires renewal every five years.
Determining the value of a particular restaurant requires researching the market to analyze current conditions and industry trends and compare similar restaurants in the area. Learning more about their market values and purchase prices can help you understand if the one you consider buying is worth the investment.
After gaining the necessary knowledge, ask the seller for financial statements like income, cash flow, and balance sheets. They’ll help you analyze the restaurant’s performance and identify its strengths and weaknesses. Once you factor in the location and physical assets, calculate the owner’s discretionary earnings (ODE) and apply an adequate valuation method.
After researching the market to understand comparable restaurants’ fair market values and analyzing the desired restaurant’s financial performance, gather relevant information on the establishment’s market position and growth potential. Ask the current owner why they’re selling the place because the circumstances might affect price negotiation.
Real estate agents and business brokers can help you negotiate the best deal. They can assist with preparing an enticing offer according to your value as a buyer (e.g., experience running a restaurant), preferred terms, and financial capabilities. They can also guide you through negotiation strategies like alternative payment structures, contingencies, or value-added incentives.
Discovering the best deals on Restaurants in Newfoundland And Labrador requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Cafe/Diner at 57 Main Street Street , Casual Dining Restaurant at 651-653 Main Road and Pub at 18 Hill Road .
The average price of Restaurants in Newfoundland And Labrador is influenced by various factors. On average, prices range from $511,725. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Restaurants in Newfoundland And Labrador on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Cafe/Diner at 57 Main Street Street , Casual Dining Restaurant at 651-653 Main Road and Pub at 18 Hill Road . .
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