Market Leading Pub - Turn Key Opportunity
Location:
Canada
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Alberta
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Edmonton
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Join the Alberta Advantage! Beautiful fully fixtured 366 seat neighborhood pub with a 65 seat patio located in Sherwood Park, AB only 10 minutes from downtown Edmonton. This very popular business operates as the clear market leader and is positioned right in the heart of the community with the major shopping center, hotel, and county hall right across the street, and a huge residential component surrounding. Offering a full menu, 16 varieties of draft beer, and open 7 days a week, it is the true neighborhood pub. Featuring an unparalleled video system for sports viewing on 42'' Plasmas and 100'' projections screens throughout in High Definition on 4 digital satellite feeds in 5.1 sound ... there isn't a bad seat in the house! Regular live entertainment is enjoyed at a custom built 15 seat piano bar in a raised area with many more tables and a red brick fireplace. Teams in pool and dart leagues visit during the week on 3 pool tales and 4 custom made dart boards. Incremental income is substantial from gaming throughout the venue every month. This is the definition of a turn key opportunity with a long term transferable lease and responsible landlord. Sherwood Park is in the County of Strathcona, it maintains one of the highest average household incomes in North America and has no business tax! This opportunity is generously priced at $550,000 Canadian Dollars. Contact Shane Young at (780) 906-1539 for more information on this Pub for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,500,000
Cash Flow:
$200,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: No
About The Business
Year Established: 2001
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Provided on request.
Reason For Selling: Principal relocating.
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Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 70069865
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