Business for sale in Canada - Pub and liquor store - development potential property

| Asking Price: | 3,380,000 $ CDN | |
Real Estate: | Ownership |
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| Sales Revenue: | 2,250,000 $ CDN | ||||||||||
| Net Profit: | 315,000 $ CDN | ||||||||||
| Year Established: | 1993 | ||||||||||
| Employees: | 5FT, 25PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Business categories:
Business description

this 137 seat neighbourhood sports bar with 2 patios, liquor and convenience store has been serving area residents, vacationers and business travellers since 1993. The pub restaurant is beautifully decorated, maintained and renovated with a second storey and a number of upgrades. The convenience store is generating rental income. Additionally, there are 2 residential units above the pub that could be generating a return as currently they are seller occupied, or used for further seating expansion on the 2nd level. There is a moratorium on area liquor licenses and it holds 2 for the pub and 1 for liquor sales. The property is close to the new convention centre and is in a prime all season destination location with a lake view. the seller is selling the operational balance sheet of the businesses which includes the normal required working capital of $172,000 together with the 3 buildings sitting on .68 acres; pub with 2nd level apartments, liquor store and a convenience store which are all included in the combined asking price of $3,380,000.
Additional information

| Additional information: | Not Disclosed |
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| Support & training: | Not Disclosed |
| Reasons for selling: | Relocating |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | yes |
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| Will owner sell real estate?: | yes |
| Included in asking price?: | yes |
| Value: | 0 $ US |
| Location: | Not Disclosed |




