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Small Format Bar For Sale

Victoria, British Columbia, Canada
Asking Price:
$224,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$75,000 (CAD)

Rare opportunity to acquire an established, turnkey small-format bar with a Liquor Primary licence.

Operating since 2019, the business has developed a loyal neighbourhood following and is located in a rapidly densifying area which has recently brought hundreds of new residential units to the already busy area.

The efficiently designed space features approx. 40 interior seats, a licensed rear patio with approx. 20 seats & a custom draught system.

The central bar layout and small compact room allow the business to operate with limited staff. The space underwent a substantial custom build-out, the replacement cost of which would considerably exceed the asking price.

The business averages monthly sales of $30,000 + and is currently owner-operated with a full staff in place.

Ideal for an owner-operator or an experienced hospitality group seeking an additional location that can take advantage of this rare small-format liquor primary licence.

NDA required for more information.

Property Information

Real Estate:

Lease

Lease Terms:

Current Term expires 2028 +options to renew

Location:

Near Downtown

Premises Details:

850 sq ft space plus rear patio. Can accommodate 40 on the inside and 20 on patio.

Size in square feet:
850

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retiring

Trading hours:

4pm - midnight

Employees:
4-6
Years established:
7+

Other Information

Support & training:

Transition Training available