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Family Run Hotel & Bar / Restaurant In Plenty For Sale

Plenty, Saskatchewan, Canada
Asking Price:
$395,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$50K - $100K (CAD)

Hotel & Bar/Restaurant for sale in West Central Saskatchewan with RSP rights. Busy location with lots of upgrades completed in last few years including shingles, kitchen, fence, bar and rooms. Very supportive community and surrounding area with lots of repeat customers. Close to the new lithium plant and only hotel, bar, restaurant or off sales for 40 mins. Great for a family run business or already has great part-time staff in place. Living quarters upstairs.
Also includes two lots next door for development.

Stock is not included in sale price. Price of current stock will be determined at date of sale.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

3 bedroom, one and a half bath, full kitchen and a living room all in 1250sqft above the hotel rooms.

Location:

Located in a small but thriving town. Only hotel or off sales for 40 mins in any direction. We serve an area population of around 2500 with other towns, plants, construction projects and farming. We are located in the heart of the new lithium expansion project with the plant only 20 mins away.

Premises Details:

Built in in 1984 but has been totally renovated in past few years.

Size in square feet:
7,500

Business Operation

Expansion Potential:

Two lots next door are also included in the sale. They are zoned commercial/residential so the opportunity to expand is there.

Competition / Market:

There is a small restaurant in the next town 15 mins away that serves oriental food and some western with no off sale license.

Reasons for selling:

We are ready to move to the lake and retire. This is a great business and we have enjoyed our time here and will continue too until it is sold.

Trading hours:

Mon-Sat 11-8

Employees:
3
Years established:
38 years

Other Information

Support & training:

We are willing to stay for a couple of weeks to everyone settled in and familiar with our regulars and area. All recipes are included.

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price
Inventory / Stock value:
$20,000 (CAD)
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