Hannigan's is a thriving restaurant
(not a franchise) located in the downtown
core of Wilkie, Saskatchewan.

In addition there are two houses,
on 4 residential lots.

• VALUE IN THIS BUSINESS OPPORTUNITY:
• ..
• (1) What is the inventory worth at wholesale? $8,000
• (2) What is fair market value for the equipment as it is today? $30,000
  • Just for reference, what is the value to replace the equipment new? $65,000 (for reference only)
• (3) What is the value of any leasehold improvements $30,000
• (4) What is the value of any real estate (buildings or land) included with the sale? $60,000
  • House (a) $70,000
  • House (b) $25,000
• (5) Are there any patents, proprietary processes or anything else of value not yet counted?
  • Food recipes are valued at $20,000

Total VALUE adding items (1) thru (5) $243,000
Asking price: $198,000

RESTAURANT DETAILS:

• leased

• open daily

• free standing high traffic,
  downtown location

• excellent family business
  or investment opportunity

• reliable suppliers are in place
  on main delivery routes

• easy access to alternate supplies in major centres

CONSTRUCTION:

• cement block/ wood construction

• partial basement

• furnace / utility room

• storage area

LAYOUT:

• 42 seat restaurant

• porch/entrance area

• office

• 2 bathrooms

• large kitchen/prep area

RESTAURANT DETAILS:

• microwave

• grill

• pizza oven

• deep fryers

• food warmers

• fire extinguishing equipment

• dishwasher

• dough mixer complete with attachments

• 3 chest freezers

• all tables chairs

• cutlery, dishes etc.
  ( complete list avail. from owner)

MECHANICAL:

• new compressor

• upgraded walk-in cooler

• new range hood fan

• new water heater

• natural gas

• town utilities

MAIN HOME:

• nice, quiet paved street

• 1,092 ft² raised bungalow, on 4 lots

• wood construction

• asphalt shingle roof

• wood basement

• natural gas

• town utilities

• 2 bedrooms up, 2 down

• 2 bathrooms one up, one down

• main floor laundry

• approved wood burning stove in basement with outside wall chimney

• top quality doors and windows

• deck

• mature yard

• shed and large trees

• plenty of storage (13 closets)

• bright open floor plan

• major appliances included with sale

• partially finished basement with large windows

• private entrance and revenue suite potential

• new ceramic tile flooring on upper level

• carpeted bedrooms

SECOND HOME:

• right next door to the main house  

• revenue producer

• approximately 900 ft²

• 2 bedrooms

• currently rented

• wood construction

• partial basement

• on 4 lots including corner

• easy to heat

• electric baseboard heaters

• town utilities

• complete plumbing and electrical upgrades

• custom built birch kitchen cabinets

• open floor plan

• heated porch

• main floor laundry area

• mature yard

• single detached garage