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Turnkey Licensed Event Venue And Bar, Squamish For Sale

Squamish, British Columbia, Canada
Asking Price:
$199,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Turnkey licensed hospitality and entertainment business in downtown Squamish, BC, with 204-person capacity and approximately 3,956 sq. ft. including office space. The venue is built to support live music, comedy, DJ events, private celebrations, corporate functions, community programming and recurring ticketed events.

The business includes a licensed bar, dedicated stage, professional sound and lighting, flexible dance floor, guest lounge/VIP area, back-of-house space and bistro-style food service equipment. Furniture, fixtures and operating equipment are included subject to an agreed asset list.

Established operating systems include event management, ticketing and recurring-program workflows, with a lean team of one full-time and four part-time staff. The business has 50,000+ annual website visits, approximately 6,500 social followers, established vendor/promoter/community relationships and multiple revenue streams from beverage sales, ticketed events, private rentals and functions.

Significant growth opportunities exist in private and corporate bookings, daytime utilization, food and catering partnerships, recurring programs, sponsorships and expansion of marketing into Whistler, Vancouver and the broader Sea-to-Sky corridor.

Best suited to an experienced hands-on owner-operator or professional hospitality organization. Detailed financials and lease information are available to qualified buyers under NDA. Inventory is additional at closing. Lease and liquor license transfers are subject to applicable approvals.

Property Information

Real Estate:

Lease

Lease Terms:

Established leased premises in downtown Squamish. 2 +5 years remaining on existing lease. Full lease terms are available to qualified buyers. Assignment or replacement of the lease is subject to landlord approval.

Location:

Distinctive private entrance just off Squamish’s busiest downtown street, in the heart of downtown. Central location with nearby restaurants, shops, hotels and community amenities.

Premises Details:

Approximately 3,812 sq. ft. licensed venue plus an additional office of approximately 144 sq. ft. The premises include a 204-person-capacity event space, licensed bar, dedicated stage, professional sound and lighting, approximately 400 sq. ft. dance floor, guest lounge/VIP area, staff room, storage, back-of-house space and bistro-style food service area.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Significant opportunity exists to increase private parties, corporate functions, weddings and community bookings; expand daytime and early-evening use; develop food, catering and beverage partnerships; grow recurring ticketed programming and promoter relationships; and market more aggressively to Whistler, Vancouver and the broader Sea-to-Sky corridor. Additional opportunities include sponsorships, memberships and community partnership programs.

Competition / Market:

The business occupies a differentiated position between a traditional restaurant/bar and a dedicated entertainment venue. Competition includes local pubs, restaurants and smaller event spaces, as well as entertainment options in Whistler and Vancouver. The venue’s 204-person capacity, established programming, professional production infrastructure and ability to accommodate multiple event formats help distinguish it from conventional hospitality businesses. We are the only late-night venue in town.

Reasons for selling:

Owner is refocusing on other business interests and is seeking the right operator to take the venue through its next stage of growth.

Trading hours:

event based, Fri-Sat late night always, frequently Wed, Thu, Sun evenings and late night. Some shows other times.

Employees:
5
Years established:
3

Other Information

Support & training:

Many documented automated systems, management stays, and 30 days of hands on training from existing owner.

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price