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Lakefront Restaurant/Lounge
Location: Canada -> Alberta -> Sylvan Lake
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

THE TIME IS NOW! *Purchase now in time for the 2018 Summer Season -2014 Economical Development Assessment reported an estimated 761,223 tourists visited Sylvan Lake. The tourism industry created 600 tourism-related jobs and an overall economic impact of the tourism industry of $74,967,391.

*2019 Canada Winter Games - Red Deer is hosting the largest multi-sport event in Alberta since the 1988 Olympics, with an expected economic impact of more than $132 million.

Beautiful turn key operation, located in the heart of Sylvan Lake, offering one of the best views in town. 200 seating capacity. Licensed for 48 seat restaurant, 60 seat lounge, 48 seat bar, two patios with a total of 41 seats. Fully functional kitchen. Parking Lot.

Asking $355,000 403-357-0003


Asking Price Range:  $250K - $500K
Gross Revenues:   $600,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Relocating


View Larger Photo(s) Of Business
Lakefront Restaurant/Lounge Photo 1 Lakefront Restaurant/Lounge Photo 2 Lakefront Restaurant/Lounge Photo 3

Print Listing Id: 700316909
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale

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