Listing ID: CH 12272017
Location: Czar, Alberta
Hotel, Restaurant and Bar
This landmark business opportunity, located just 2 1⁄2 hours east of Edmonton is a popular destination for the local citizens of this small Alberta village and surrounding areas. The business consists of a bar, restaurant, and guest rooms, as well as a full apartment for the owner on the second floor. This venue offers its patrons a pool table, shuffle board, and T.V.’s for sports entertainment, 3 VLT’s, as well as dining facilities. The menu consists mainly of pub style food, prepared in an updated and efficient kitchen.
Why This Business
- Profitable, well established, turnkey operation
- All equipment, furniture & fixtures, pool table and shuffle board included in asking price
- Premises includes owner’s suite
- Limited Competition
- Parking availability
- Great opportunity for those who love the small town lifestyle!
Are the current owners the founders? No, this business has operated at this location for 100+ years How Long? 2008
Is this a Franchise Business? No
Owner Support/Training: Owner will provide a mutually agreed upon training program
Reason for Sale: Owner would like to pursue other opportunities
Business Premises and Location
Does the Vendor own the premises? Yes
Is the premises part of this sale? Yes – the building is For Sale by Owner. Bar is 5,866 sq. ft. on .26 of an acre. 2 Storey building with owner apartment.
What is the cost of the lease? N/A
Documents Available For Review (Subject to Offer)
Business Sales Memorandum, Financial Statements, Lease Agreement.
Year Established – 2008
# of Employees – 4 Part Time, 1 Owner
Asking Price – $ 250,000.00
Seller Financing – Not Available
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