$479,000.00
Catch22 Lobster Bar
location:New Brunswick
Category:Restaurant

Established & Profitable Seafood Restaurant for Sale – Downtown Moncton, NB

This is a rare opportunity to acquire one of Downtown Moncton’s most recognized and successful seafood restaurants. With over 16 years of established goodwill, this restaurant has built an outstanding reputation as a premier destination for Atlantic seafood and lobster, attracting both loyal local customers and tourists year-round.

Recognized as one of the Top 10 Restaurants in Moncton across major social media platforms, the restaurant has also been featured in popular food shows and magazines. Despite its exceptional reputation, no money has been spent on advertising or promotions, yet the business consistently generates approximately $800,000 in annual revenue, with significant growth potential to reach $1.2M–$1.4M under an owner actively focused on expanding the business.

Business Highlights

  • Over 16 years of proven goodwill and successful operations
  • Renowned for fresh Atlantic seafood and lobster
  • Well-established destination for both locals and tourists
  • Prime Downtown Moncton location
  • Featured in popular food shows and magazines
  • Consistently ranked among the Top 10 Restaurants in Moncton
  • Seating capacity of 90+ guests, plus seasonal patio seating
  • Private dining room accommodating 18–20 guests, ideal for birthdays, anniversaries, corporate events, Christmas parties, and family gatherings
  • Strong annual revenue of approximately $800,000
  • Estimated profit margin of around 20%
  • Excellent opportunity to increase revenue through marketing, catering, delivery, expanded hours, or special events

Recent Upgrades

The restaurant has recently undergone extensive improvements, including:

  • New mini-split heating and cooling systems
  • New commercial stoves
  • New ice maker
  • New flooring
  • Fresh interior paint

These upgrades reduce immediate capital expenditures and allow a new owner to step into a turnkey operation.

Reason for Sale

The current owner is committed to other business ventures and is unable to dedicate the time and attention needed to maximize the restaurant’s full potential.

Why Buy Now?

Summer is the restaurant’s busiest season, generating approximately 60% of annual revenue. Purchasing now allows a new owner to capitalize immediately on peak-season sales and accelerate the return on investment.

This is an exceptional opportunity for an owner-operator or investor to acquire a highly respected, profitable, and well-established restaurant with tremendous upside in one of New Brunswick’s busiest dining destinations.

Contact
Seller:
Mignesh Parekh
Address:
589 Main St, Moncton, New Brunswick E1C 4L6
Last Modified: August 11, 2026
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