Profitable Restaurant Pub Motel Northern Alberta 2 Hours From Grande Prairie AB

Listing ID:
EDMONAB001-N248

Confidential, 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:

Ish Uttam

ish@sunbeltcanada.com

Description

Attention Investors: Profitable Restaurant Pub Motel 

$1.2M Northern Alberta

2 Hours From Grande Prairie AB

 

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 Northern Alberta.

 

Conveniently located in the center of the town next to a popular neighborhood theater, 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 neighborhood go-to gathering place catering to a sizeable market of town residents looking for great food, great service and entertainment offered by the restaurant’s 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. The owners have built a stellar reputation in the town, this easy to manage business enjoys steady revenues and visitors all year long with their motel consistently 100% fully occupied which is currently undergoing upgrades. Owners are looking to retire and provide training to hand off this amazing business opportunity with enormous potential for growth.

 

All equipment is new and in working order. This business opportunity won’t last long. Investors, this is your time to seize the moment! Extras: All Equipment, Leasehold Improvements & Chattels Included In the Price. Inventory extra.

Financials

Asking Price:$1,200,000
Revenue:$700,000
Cash Flow:N/A
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:N/A
Inventory Asking Price: N/A
Financing Available?No

Property

Asking Price:$0 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1980
Year Acquired:1980
Full-Time Employees:5
Part-Time Employees:3
Reason For Sale:retirement