Pub & Nightclub

Listing ID:
REGINSK001-N87

Confidential, Saskatchewan, Canada

Drinking Places (Alcoholic Beverages)

Listing Status: Active

Sunbelt of Saskatchewan

Phone: REGINA (306) 530-7899 SASKATOON (306) 881-1021
Fax: Regina (306)352-7899

The following broker is assigned to this listing:

Barry Johnson

barryjohnson@sunbeltnetwork.com

Description

This is an excellent opportunity for either a part-time owner or for a family to own and operate a successful business! The business features 200+ person capacity, bands and DJ’s on weekends, special event nights, pub food and drinks, VLT’s and a private room rental for special/private events. Located in a prosperous Saskatchewan city; this is the go-to night time and events destination! The business is currently being operated as somewhat of a “life-style” business for the owners with limited hours and days of operation. With a solid management team in place – the owners work very few hours in the business.

Financials

Asking Price:$483,000
Revenue:$754,000
Cash Flow:$250,200
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price:$232,200 (Included in Asking Price)
Inventory Asking Price:$13,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:7035 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2010
Year Acquired:2016
Full-Time Employees:3
Part-Time Employees:15
Reason For Sale:Other business interests.