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Waterfront Restaurant / Pub For Sale
Location British Columbia,Canada
Asking Price Range $2.5M - $5.0M
Gross Revenues $2200000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 20 - 34
Inventory 300000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Other business interest and retirement
Description Waterfront Restaurant/PUB in the Heart of the Okanagan
Location - Waterfront Patio - Cashflow
Located in the heart of the Okanagan. This local favorite offers a uniquely different and truly enjoyable dining experience to its loyal customer base. The atmosphere is upscale casual and the food is outstanding. The restaurant does a great business at lunch, happy hour, dinner and late happy hour. Revenues have consistently above$2,000,000 +/- per year with discretionary earnings averaging $200,000 per year. The restaurant is being sold with Real Estate, which includes a 6000 sq. ft. building and ample parking in a prime location. The facility seats 100 in the main dining room and another 120 in the Pub, and more up to 300. It has consistently been top rated in regional newspapers and magazines, winning rave reviews and awards from local food critics.
The pub has a casual yet classy atmosphere. There are many events throughout the year, including live jazz nights and holiday celebrations.
This waterfront Restaurant/PUB is set on the lake with quality food, drinks & atmosphere. Arrive by car or pull up on your boat. Beautifully landscaped exterior and plenty of parking.
Serious inquiries only please, all buyers must demonstrate relevant experience and proof of financial ability to purchase prior to release of information.
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