Czar Hotel, Bar & Grill

This landmark business located just 2 1⁄2 hours East of Edmonton is a popular destination for the local citizens of this village and surrounding areas. The Owner of this business has recently completed a multitude of renovations and upgrades. Along with the restaurant and bar, this business consists of three newly renovated guest rooms and an amazing new rentable suite. The business also includes a full apartment that serves as living quarters for the Owner, it can also be rented out. This venue offers its patrons a pool tables, VLT’s, and T.V.’s for entertainment, as well as dining facilities with a newly upgraded menu. This business has gained an amazing reputation in their area and the Owner benefits from the long-standing, loyal base of customers.

*Please Note: Land & Buildings are for sale by Owner under a separate cover, please inquire for more

AB Sales
Listing ID: CZH08282020

Asking Price: $280,000

Why This Business

• Turn-key operation
• Limited competition
• Premises includes Owner’s suite
• Newly renovated, upgraded business
• Large enough space for group events/parties
• Ample parking availability
• Amazing opportunity for those who love the small-town lifestyle!

Additional details

Reason for sale: Owner wishing to sell for personal reasons
General Information: Owner support/training available, Seller owns the premises, Premises is part of sale
Documents Available For Review: Business Sales Memorandum, Financial Statements, Equipment List

Listing Details

Operational Summary

Annual Revenue: $238189
Assets: $Inquire with Broker
Year Established: 2019
FT Employees: 4
Inventory: $7,501
Location: Czar, AB
Broker: Neil Gerritsen
Contact: Neil Gerritsen (780)495-9295

Neil Gerritsen

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Business Listing: CZH08282020