Turnkey Pub/lounge sale
Figures in Canadian dollars, as reported by the seller. What is SDE?
Highlights
- Established in 1928
- Equipment included
- Real estate included
About this business
A unique opportunity to aquire the complete physical assests, equipment and real estate of a commercial main-floor pub and vlt lounge with a separate upstairs residential area.
This property and all accompanying hospitality assets are being sold strictly "as is,where is". This sale offers an incoming operator or investor or an immediate fully functional footprint to launch their own concept,build equity, or generate income without starting from scratch.
The owner answers
- Why are you selling?
- Relocation.
- How long have you owned the business?
- Family owned since 2003
- What is your role in the business?
- Family ran at the moment, customer service and food sales
- Will you finance part of the price?
- Open to discussion. Must have %60 down for seller financing
- Can I see the last three years of financial statements?
- Not available yet.
Business details
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 1928 |
| Type of business | Service |
| Equipment includedFF&EFurniture, fixtures and equipment: the movable items used to run the business, such as counters, shelving, kitchen equipment and computers. They normally sell with the business. | Yes |
| Licences | Liquor,food, vlt |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
Premises
| Detail | Information |
|---|---|
| Property | Owned by the sellers, included in the sale |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
AB, Canada
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