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This popular restaurant, a mainstay in golden, serves both lunch and dinner from a most impressive menu. Where mediterranean meets ‘aaa’ grade alberta beef, there is sure to be a crowd. Within walking distance of three major motels, this restaurant has developed a great reputation for top-quality and authentic greek cuisine by locals and visitors alike. A new owner could grow the business by expanding marketing initiatives and targeting new markets. the second level residence is like new, where the latest in comfort meets up with antique charm. A new owner could use it as their home, or include it into the rental pool. In addition, by utilizing the second level guest suites for local convention business, revenue could be further expanded. the price of the business, excluding working capital but including all fixed assets and goodwill, is $57,000 with an implied multiple of weighted cash flow of 1.9 times. The seller is selling the operational balance sheet of the business which includes the normal required working capital of $28,000, which is included in the asking price of the business of $85,000. The price for the real estate, including the restaurant, residential suite and guest suites, is $810,000 for a combined total asking price of $895,000.

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