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Canmore Banff High Volume Restaurant & Lounge For Sale

Canmore/Banff, Alberta, Canada
Asking Price:
$1,485,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,500,100 (CAD)
Cash Flow:
$410,500 (CAD)

Excellent opportunity to purchase an existing full service restaurant and lounge in the beautiful rocky mountain town in the Banff/Canmore area.

This location is an iconic location and is a great room with views. Sales are averaging 2.5 million over the past year and are very consistent and steady sales year over year.

SDE Sellers discretionary income is in the $410k range and is not owner operated and is run by management and staff. The owner can take on a management salary and add to this amount of SDE.

This location can be converted into another brand or if they are a strong food restaurant group then the name can stay as is.

Price 1.485 million.

Once an NDA is signed then the name of the business will be provided in addition to financials and lease details.

Inquire for more details

Property Information

Real Estate:

Lease

Lease Terms:

Long term

Location:

Canmore/Banff area and will disclosed exact details once an NDA is signed.

Premises Details:

Inquire for more details

Business Operation

Competition / Market:

Minimal for this type of food and room.

Reasons for selling:

Inquire for more details and is confidential until an NDA is signed.

Years established:
2005

Other Information

Support & training:

Excellent guidance and support and transitional assistance from current ownership who has owned this for a very long time

Financing available:

One will need to have around $600k down to qualify.