|
Sports Lounge Bar & Restaurant For Sale
Location British Columbia,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1150000
Net Profit / Cash Flow $145000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 20 - 34
Inventory 250000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Reason for Sale Family
Description Kelowna's biggest & best Sports lounge BAR & Restaurant
Great Food - More than 20 TV's - exceptional service
This sports lounge, Pub, Bar and restaurant is known for its quality food, drinks & atmosphere. This long-established and great fun bar is a popular spot that features occasional live music, a wide range of sports events on TV a party room and pool tables. Currently operates lunch & dinner, inviting bar, comfortable seating, incredible sound system, and loads of TV's for all your sporting events. The space seats 234 comfortably, plus a large room for private parties, currently booked up to two years in advance.
This sports lounge, Pub, Bar and restaurant has over $350,000 of recent upgrades including, kitchen, racking system, seating and much much more. The kitchen contains a large walk in freezer, a walk in cooler and comes with all the best commercial equipment, furniture, and fixtures that you will need to operate your restaurant today! Beautifully landscaped exterior and plenty of parking.
This Vegas strip style atmosphere is one of Kelowna's greatest hot spots with always something to do.
Our Revenue has consistently averaged over a $1.2 million in sales yearly with a good profit.
The Asking Price is $599,995.00.
Facilities: This sports lounge, Pub, Bar and restaurant has over 20 TV's, Pool Table's, large 20-stool bar, a Full Restaurant Kitchen and Outdoor Tables to accommodate an additional 35 people and inside seating for more than 190 seats.
Growth/Expansion: The business is located in a high traffic location that has high accessibility to the surrounding commercial and residential areas for lunch specials and evening events. The business currently operates 7 days a week. Prospective buyer should be interested in being involved in day to day operations.
Click Here To Contact Seller
|
|
