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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.

 
   
   
Year Business was Established: 1998
   
Number of Employees: 8 FT/8 PT  
   
Facilities / Terms of Lease: The Pub is located in a sprawling two story stand-alone multi-unit commercial property.  
   
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.  
   
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.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: The owner wants to pursue other interests.  
 

 

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