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$ 250,000
Est. payment | /mo
1,850 SqFt
$ 250,000
Est. payment | /mo
1,850 SqFt
Key Details
Property Type Commercial
Sub Type Leasehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1850
Square Footage 1,850 sqft
Price per Sqft $135
MLS® Listing ID NB135912
Property Sub-Type Leasehold
Property Description
Caribbean Flavas has been Fredericton's premier Caribbean dining destination for over 20 years a trusted name with deep community roots, a loyal customer base, and real growth potential. This is a rare chance to acquire a fully turnkey, cash-flowing business. This isn't just a restaurant it's an experience. The authentic brand identity, name recognition, and word-of-mouth loyalty built over 20-plus years come included in the sale. Caribbean Flavas also holds preferred supplier status with CFB Gagetown and Delta Hotels, generates gift card revenue through Costco, and operates across dine-in, takeout, and catering a resilient multi-channel model. And thats just the beginning. The next owner inherits a launchpad. Some of the untapped opportunities include: Alcoholic beverage sales not currently offered, representing straightforward revenue upside Online ordering & delivery a natural fit for a brand with this recognition. Seasonal outdoor patio minimal investment, meaningful added capacity. Lets talk about value. The commercial kitchen represents over $150,000 in equipment and inventory value, with replacement cost estimated above $200,000 today. At the end of the day, Caribbean Flavas is a proven brand, a diversified business, and an irreplaceable piece of Fredericton's dining culture. Opportunities with genuine heritage, proven catering track record, and multiple untapped revenue channels come along only once in a generation. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Leasehold
Listed by REMAX East Coast Elite Realty