Listing ID: SR10302017
Location: Edmonton, Alberta
Bar & Grill
This leading venue is the setting for local and international musicians, bands, and special events. This locale features daily, live entertainment with jam sessions scattered throughout the week. Designed to entertain patrons of every musical genre, this well-established licensed facility features a dance floor, stage, big screen TVs, reservation availability and plenty of parking. The grill offers casual pub food at reasonable prices. The facility boasts an excellent sound system which is included in the offering along with the kitchen and bar equipment. This is a fantastic opportunity for someone with an abundance of energy, enjoys the musical scene and has the drive to grow this business.
Why This Business
- Owner willing to train new vendor
- Equipment, Furniture & Fixtures, incluuded in the sale price
- Well established venue with a solid reputation
- Clean, modern designed facility in a highly visible location, with easy access off a main roadway
- Manager in place, willing to stay on with new owner
- Licensed seating up to 331 patrons
- Excellent terms on a transferrable lease
Are the current owners the founders? Yes How Long? 2 Years
Is this a Franchise Business? No
Owner Support/Training: Yes, the owner is willing to negotiate a reasonably training peroid to ensure a smooth transition.
Reason for Sale: Retirement
Business Premises and Location
Does the Vendor own the premises? No, the 6,500 sq. ft site is leased on a monthly basis.
Is the premises part of this sale? N/A
What is the cost of the lease? $12,600.00 p/mth
Documents Available For Review (Subject to Offer)
Business Sales Memorandum, Financial Statements, Equipment List.
Year Established – 2016
# of Employees – 13
Asking Price – $ 595,000.00
Seller Financing – Not Available
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