Restaurant And Pub
Location Saskatchewan,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $240000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1928
Number of Employees 10 - 19
Inventory 138000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owners will provide training.
Reason for Sale Retirement.
Description Profitable restaurant and pub for sale, located in southwest Saskatchewan. This business has doubled its sales in the past five years and generates excellent cash flow for the owners.
Restaurant and pub have a combined 204 seats and the pub also has 5 VLT's.
The business is located within a very popular and busy hotel/motel property. The hotel has 10 rooms and 4 suites and the motel built in 2008 has 10 rooms. The hotel/motel property (not included in the asking price for the restaurant and pub) is also available for sale.
Leasehold rent:
$37,660 per annum
Location:
Southwest Saskatchewan
Premises details:
The restaurant and pub occupies approximately 3,800 sq. ft. within a 12,600 sg. ft. hotel/motel property. The building was built in 1928 with additions in 1961, 2001 and the addition of a 10 unit motel in 2008.
The current owners have invested on a continual basis to keep the restaurant/pub and hotel/motel property in very nice condition with all hotel rooms modernized and upgraded.
Leased space in square feet: 3,766 sq. ft.
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