Cafe / Lounge / Venue For Sale
Location Alberta,Canada
Asking Price Range < $250K
Gross Revenues $450000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide for mutually agreeable period.
Reason for Sale Other interests.
Description Located in the heart of an active nightclub, cafe, and bar strip. We have a unique combination of award-winning food reputation (particularly with large Calgary vegetarian community) as well as extensive connections to the local music and arts community. Unique marketing strategy has attracted wide demographic customer base who support our business in different week/day segments. In a challenging economy, sales are +20% over 2010. Operating 6 days a week, usually no later than 11:00 PM. Definite opportunity to further develop the lucrative late night lounge/beverage business in the area. In addition, the superb in-house stage and PA system provides opportunity to expand live performance aspect of the business. Contact for more information on this cafe / lounge / venue for sale.
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