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Listing ID: 1880

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$1,200,000 CAD

RESTAURANT/FOOD SERVICES

Profitable Restaurant Pub Motel For Sale

Edmonton, AB

Independent

$1,200,000 CAD

RESTAURANT/FOOD SERVICES

Profitable Restaurant Pub Motel For Sale

Edmonton, AB

Independent

Calling all Investors! A very rare and stellar investment opportunity to own a long-running and very well known family-run restaurant and pub with a beer store and 12-room motel in High Prairie, Alberta. Conveniently located in the centre of the town next to a popular neighbourhood theatre, commercial and government offices, high-traffic retail stores and a new hospital. This is a booming town with an approximate of $817M budgeted for new residential and commercial developments including a new college that will bring in a dramatic change to the town presenting a stellar investment opportunity to seize and witness spectacular long-term growth in.

For over 39 years, the family-run restaurant and pub has been a neighbourhood go-to gathering place catering to a sizeable market of town residents looking for great food, great service and entertainment offered by the restaurants pool table, dance floor and 10-11 Video Lottery Terminals (VLTs) that has one of the top 10 revenue rankings in Alberta. The beer store is also a hit in the town with its delivery services, one of the only beer stores in the town that provides delivery services.

Company Name

Profitable Restaurant Pub Motel In Northern Alberta

Legal Body

Incorporated

Established In

1980

Gross Revenue

To Be Discussed

Annual Earnings

To Be Discussed

Land/Building Included

No

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

BizON assumes no responsibility for the accuracy of any information shown.

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