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Restaurant/Food Services Business For Sale in Edmonton, AB (Listing ID: 3241)

Restaurant/Food Services
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Restaurant/Food Services

Fully Renovated Pub, Cafe/Diner, Liquor Store Outlet and Hotel

Located in Entwistle, Alberta this well established business is in an excellent location on main street with a long and successful history.

This is a family run business consisting of:

A commercial Kitchen with a Caf/Dining Room.
A Pub with 3 VLTs
A Liquor Store Outlet
Hotel Accommodations
Luxurious 2 bedroom, 2 bathroom 1500 sq ft apartment

The sale includes the fully renovated building approx 9000 sq ft on 5 Lots. This historical heritage building has been meticulously renovated by the owner over the past 12 years inside and out with over $600,000 in materials alone. There is new walk in cooler, furnaces, Hvac systems, all new wiring, doors, windows, plumbing etc. too many to list. This is a gem that will be here another 100 years.

Owners are looking to retire.

Entwistle's economy is supported by the nearby oil and gas industries. The tourism industry also plays a role in the local economy due to Entwistle's location at the approximate midpoint between Edmonton and Edson at the intersection of the Yellowhead Highway and Highway 22. Its tourism economy is seasonally supplemented by the nearby Pembina River Provincial Park.

$1,390,000 CAD

Edmonton, AB Restaurant/Food Services Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

2010

Last Year of Completed Statements

2022

Gross Revenue:

To Be Discussed

Annual Earnings:

To Be Discussed

Land/Building Included:

Yes

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

No

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

Buyer does not need specific industry experience.

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