Restaurant And Pub
Location:
Canada
->
Saskatchewan
->
Southwest Saskatchewan
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
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.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,200,000
Cash Flow:
$240,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $138,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1928
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owners will provide training.
Reason For Selling: Retirement.
Photos
View Larger Photo(s) Of Business
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
|
Print Listing Id: 700111723
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
