Lakefront Restaurant/Lounge

www.GlobalBX.com

Listing ID: 700316909

Listing Title: Lakefront Restaurant/Lounge

Quick Link: http://www.globalbx.com/listing.asp?bId=316909

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: Canada

State / Province: Alberta

Area

City: Sylvan Lake

Asking Price Range: $250K - $500K

Gross Revenues: $600,000

Cash Flow: $80,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2002

Number of Employees: 6 - 9

Business Description:
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



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