Flagship German Beer Hall & European-style Venue For Sale

Description

Business type: German beer hall and European-style restaurant

Location: Ottawa, Ontario

Current status: established operating business

Operating model: flagship hospitality venue

Site type: high-density residential mixed-use development

Operating setup: turnkey

Concept and services

Restaurant concept: European-style dining

Beer hall concept: Bavarian-inspired

Customer experience: communal and social dining

Group dining: supported

Celebrations: supported

Community gatherings: supported

Premises

Interior design: German and Bavarian-inspired

Communal long-table seating: included

Interior finishes and fixtures: high quality

Outdoor patio: large

Seasonal patio seating: available

Urban visibility: stated as high

Customers and market

Built-in customer base: supported by surrounding residential development

Neighbourhood traffic: stated as consistent

Repeat customers: established

Customer loyalty: stated as strong

Community connections: established

Brand recognition: stated as strong

Revenue channels

• Food sales
• Beverage sales
• Seasonal patio sales
• Group dining
• Events
• Programming

Revenue model: balanced between food and beverage sales

Operations

Service model: counter service

Payment structure: upfront payment

Receivables: minimal

Cash flow visibility: stated as strong

Immediate capital requirements: none stated

Assets included

Furniture, fixtures and equipment value: approximately $250,000

Furniture: included

Fixtures: included

Equipment: included

Expansion options

• Increase event bookings
• Expand regular programming
• Increase seasonal patio utilization
• Expand group dining activity
• Develop additional brand locations
• Expand the concept into additional markets

Potential buyers

• Owner-operators
• Hospitality groups
• Restaurant operators
• Strategic hospitality buyers