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Live Music, Bar & Restaurant
Location: Canada -> Alberta -> Edmonton
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

New Interior, Great Sound system equipment, full kitchen equipment, it's a turn key operation, the best Live Music venue in town with lots of free parking available at the location and a hotel near by where out of town Music Bands can stay. The club hosts many charitable fundraiser events which draws interest from new businesses to host their own functions and events at our Club. Capacity is presently at 331 people and we are the Only Venue in town Licensed to allow all Minors 7 days a week during all business hours of operation. We feature New up an coming Musicians to play and view at the club, which in turn attracts greater Customer volume. There is live music 7 days a week with jams / open Mike open to all musicians 6 days a week with Friday/Saturday night as main attraction venue for bigger Band names. Many Corporate functions ongoing because of the size of the room and the different type of Entertainment performing which allows many Business to hold their functions at this location and the easy access and free parking allotted.

The club has presently the lowest lease rate in town at less than $2/sf ( 6500 sf room size ) the monthly lease includes all Power, Heating/Cooling, Water and Gas.
For further information please contact 780-264-1122


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,200,000
Cash Flow:   $300,000
Cash Flow Type:  EBITDA
Inventory:  $400,000
Seller Financing:  No

About The Business

Year Established:  2016
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Retirement

Photos

View Larger Photo(s) Of Business
Live Music, Bar & Restaurant Photo 1 Live Music, Bar & Restaurant Photo 2 Live Music, Bar & Restaurant Photo 3




Print Listing Id: 700285432
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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