Popular Pub & Eatery-Including Comm. Real Estate
Nova Scotia, CANADA
Asking Price: |
Gross: |
Cash Flow: |
$1,500,000 |
$1,307,226 |
$271,889 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Inventory Value:
$12,260 ( not included in the asking price)
Real Estate:
$750,000 (included in the asking price)
Business Summary:
Popular bar & restaurant with multi-tenant commercial real estate included. Classic small-town pub boasts a dedicated customer base, featuring a diverse array of “regulars” alongside a steady flow of occasional and drop-in patrons. The establishment set itself apart with VLT machines that consistently outperform provincial averages. Beyond the pub’s charm, the encompassing real estate accommodates a harmonious blend of residential and commercial tenants.
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Year
Business was Established: 1998 |
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Number of Employees:
8 FT/8 PT |
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Facilities / Terms of Lease:
The Pub is located in a sprawling two story stand-alone multi-unit commercial property. |
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Potential
Growth/Expansion:
There is a lot of residential development slated for the immediate area over the next few years. There is not only opportunity to build on pub sales but increase the commercial rents. |
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Competition:
Competition would consist of fast food places adjacent the highway but there are no other full service restaurants in the immediate area for over 20 kilometers. |
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Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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Reason for selling:
The owner wants to pursue other interests. |
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REQUEST MORE INFO |
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