Pool Hall / Neighborhood Bar
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $575000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1937
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Ready for something new.
Description Coronation Billiards is a thriving and growing business that has been established in the Eglinton Way community since 1937. Orignally a classic pool hall, we still have 20 pool tables, and are gradually mutating into a neighborhood bar with lots going on.
We have a stage for live music and karaoke, a private room for parties, and a poker room where our in-house league plays several times a week. We do several Bar Mitzvahs, fundraisers, and other events that use the entire 10,000 sq. ft. space. We have a web site that allows people to book parties and place food orders directly over the Internet.
The price is $150,000 firm. We will not entertain offers for less. We are selling because we have built the business up over the past 10 years, and although it's an interactive and rewarding place to run, we are ready to move on to other ventures. Contact for more information on this Pool Hall / Neighborhood Bar business for sale.
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