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Location,location,location!Well maintained property in a high traffic location. Owner operated, serving great food for many years. Large dining room and large kitchen with lots of storage. Property has a living area on t...
Asking Price : $360,000
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
Here is your opportunity to run a business! Currently called Da Hungry Moose Restaurant. Great location with constant flow of traffic on the main road throughout town. The restaurant offers an array of food options with ...
Asking Price : $209,900
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
Prime location just 40 mins from St. John's on the popular tourist destination the Irish Loop. This unique and versatile property offers tons of potential for a live/work situation for a savvy entrepreneur looking to ful...
Asking Price : $379,900
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) : 2,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Unique Commercial Building, in Prime location! Welcome to 36 Queen St. Discover a unique opportunity to own a fully operational restaurant & bar nestled along the picturesque Creston Inlet. This well-established establi...
Asking Price : $799,000
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) : 6,160
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
If you've been waiting for opportunity to knock, well here it is. Topsail Breeze is waiting for you and this historic premises has been the place to drop in over the years for a drink, a chat, a game of darts and at time...
Asking Price : $384,900
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
A great business opportunity in the middle of Avondale! This food truck has seen much activity since opening - serving a great variety of delicious food! Located directly across the road from Roncalli High School and nea...
Asking Price : $99,900
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
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 : $599,000
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
Welcome to the Woodstock Public House, a beloved and iconic establishment that has been a staple in the community for over 90 years. This charming property is steeped in history and character, with a rich story that date...
Asking Price : $1,700,000
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
Looking to have your own business? Well this is it.... The Bar and Grill can be yours! Located right on Main Street in Stephenville gives this bar high visibility and the history of this bar being one of the busiest in t...
Asking Price : $300,000
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) : 7,464
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
This first class turn key Restaurant is fully fitted out to a very high standard and is ready to go, just stock the shelves and open the doors. The kitchen is fully equipped for everything that's needed to operate a rest...
Asking Price : N/A
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. : $21
Lease: # Years 0 # Renewals 0
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 : $124,500
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
Wow!! What a great opportunity for someone wanting to run their own business right here in the center of town. The Hong Kong Restaurant has a large dining room and kitchen where they serve Chinese Food as well as Canadi...
Asking Price : $510,000
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
Save Search
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:
Restaurant at Freshwater , Casual Dining Restaurant at JW Pickersgill and Casual Dining Restaurant at Salmonier .
The average price of Restaurants in Newfoundland And Labrador is influenced by various factors. On average, prices range from $485,932. 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:
Restaurant at Freshwater , Casual Dining Restaurant at JW Pickersgill and Casual Dining Restaurant at Salmonier . .
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