This restaurant, established over 25 years ago, is located in the heart of bustling New Hamburg in the Waterloo region of Southern Ontario. With a loyal following of both local and visiting customers, the well-known establishment serves breakfast, lunch and dinner and is busy at all hours. Consistently good food and excellent value are combined to ensure happy clientele and minimizes the need for costly marketing campaigns.
This thriving enterprise generates over $850,000 in annual revenues and sales have been increasing steadily for the last number of years. Sellers Discretionary Earnings (S.D.E.) exceed $200k per year.
Building also available for sale.
There are several eating establishments in this small town but this has the most established reputation and is the Go-To place for moderately-priced fare. Sales have increased 23% in the last 3 years and are expected to continue at this pace as the surrounding area has exhibited rapid population growth in recent years.
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