Popular bar & restaurant with multi-tenant commercial real estate included. Classic small-town pub boasts a dedicated customer base, featuring a diverse array of “regulars” alongside a steady flow of occasional and drop-in patrons. The establishment set itself apart with VLT machines that consistently outperform provincial averages. Beyond the pub’s charm, the encompassing real estate accommodates a harmonious blend of residential and commercial tenants.
- Asking Price:
- $1,500,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,307,226 (CAD)
- Cash Flow:
- $271,889 (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The Pub is located in a sprawling two story stand-alone multi-unit commercial property.
Business Operation
- Expansion Potential:
-
There is a lot of residential development slated for the immediate area over the next few years. There is not only opportunity to build on pub sales but increase the commercial rents.
- Competition / Market:
-
Competition would consist of fast food places adjacent the highway but there are no other full service restaurants in the immediate area for over 20 kilometers.
- Reasons for selling:
-
The owner wants to pursue other interests.
- Trading hours:
-
Mon-Fri 11am-10pm; Sat-Sun 10am-10pm
- Employees:
- 8 FT/8 PT
- Years established:
- 26
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $75,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $12,260 (CAD)
