Family Restaurant & Sports Bar - Includes Property

Listing ID:
EDMONAB001-N217

Edmonton Region, Alberta, Canada

Full-Service Restaurants

Listing Status: Active

Sunbelt of Edmonton

Phone: (780) 471-4988
Fax: (780) 479-1052

The following broker is assigned to this listing:

Dale Alton

dale@sunbeltedmonton.com
Cell: 780-878-8787

Description

This profitable Restaurant for Sale has enjoyed 21 years at its present location; 45 minutes out of Edmonton.
Best place for food in town.

The business has been well maintained and features an adjoining paved parking area.
Staff will stay with the new owner.

Capacity: Food side seats 60 , Bar seats 40, Outdoor patio seats.25 . VLTs  5..
18 Paved Parking stalls and street parking

FF&E insured for $350,000

The owner is retiring.

Business Highlights

> Well maintained and upgraded inside and out - prepared to show well
> Prime main street location near schools,
> Great paved parking space recently resurfaced
> Popular social media reputation
> Noon service and catering to large local manufacturer

Financials

Asking Price:$780,000
Revenue:$779,425
Cash Flow:$131,250
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$350,000 (Included in Asking Price)
Inventory Asking Price:$150,000 (Included in Asking Price)
Financing Available?No

Property

Asking Price: NEGOTIABLE (Included in Asking Price)
Building Size:4200 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1996
Year Acquired:1996
Full-Time Employees:10
Part-Time Employees:10
Reason For Sale: