123 York StreetFredericton, NB E3B 3N6
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:31684)
Property Information
- Living area
- 1,850 Sq Ft
- Lot dimensions
- 0
- Ownership
- Leasehold
- Listing #
- NB135912
Property Features
- Heating
- Baseboard
- Parcel number
- N/A
Directions
Travel down hill on Smythe and turn right at Brunswick Street. Turn left on York Street and the business is on the left.
Listing Courtesy: REMAX East Coast Elite Realty
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