World-Renowned Restaurant & Deli

White Rock, BC

The Turkey House & Deli, White Rock, BC
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Asking Price: Get Financing: $1,650,000

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $900,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1976

World-Renowned Restaurant & Deli

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Business Description

The Turkey House & Deli in White Rock, BC, is a family-owned and run business known for quality and originality. Since 1976, the family has thoughtfully created and perfected hundreds of original turkey recipes using carefully selected ingredients. Today the menu includes over 20 varieties of turkey sausage, including four gluten-free varieties; 20 cold-cut flavours including their signature turkey ham; and nearly 30 different cooked items, from take-home dinners and turkey pastries to turkey pepperoni and turkey jerky.

Extremely busy and lucrative, The Turkey House & Deli grosses nearly $2.0M in annual revenue, with sales increasing each year. The prospective owner will not only be purchasing a profitable, well-respected business — they will be acquiring a rich legacy of innovation, passionately built over nearly four decades by a kind, dedicated family, and possessing a strong promise for further innovation and growth. After all, “Any time is turkey time.™”

The Turkey House & Deli is situated in the King George Corridor in White Rock between 14th and 16th Avenue, with close access to Highway 99. The business location occupies the entire first floor of a mixed-use retail/office building, with offices of other businesses occupying the building’s second floor. The business has been at this location for 18 years. The building is near a busy traffic circle intersecting King George Boulevard and 14th Avenue, with a traffic count of 10,500 vehicles per day.

The business location is 4,200 SF and consists of the deli, a 105-seat café style dining room, expansive kitchen with a large walk-in cooler and freezer, food prep-areas, spice room, and an office. The space is leased by the business and is not included in its sale.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
N/A
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
The current owners are willing to stay on to help train the prospective new owner, especially throughout the holidays when business is the busiest.
Reason for Selling:
Wish to retire
Business Website:
http://www.theturkeyhouse.com
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Charles D. Wiebe

Business Listed By:
Charles Wiebe

CDW & Associates - RE/MAX Little Oak Realty

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