Bar for Sale in Saskatoon, Canada
For Sale: Event center, restaurant, pub, and beer house offering food, alcohol and live music.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | C Corporation |
| Reported Sales | USD 930 thousand |
| Run Rate Sales | USD 680 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants + 1 more |
| Locations | Saskatoon |
| Local Time | 2:48 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
356 thousand
(Native Currency: CAD 499,999)
Reason: Owner is moving towards a new opportunity.
Includes physical assets worth
USD
207 thousand
Interested to connect with advisors
Documents
Stage Picture
(597.3 KB)
Domain-Verification.pdf
(213.2 KB)
Business Overview
- Established restaurant, club and event centre in Saskatchewan that has been in the business for 6 years.
- Facility has been recently renovated.
- We have strong ties to the arts sector and community in general.
- We regularly organize events, weddings, parties, live music.
- We are licensed to organize events, weddings with 300 seating capacity and we are also allowed to have minors and kids at the venue during weddings.
- Have 200 seats at the facility.
- We receive 200-300 orders on a daily basis including walk-in and online orders. Have our own delivery service and also registered on DoorDash and Uber Eats.
- Our sales reduced due to the recent pandemic.
- Physical assets include furniture, interiors, kitchen equipment, and other related items owned by the business.
- Facility has been recently renovated.
- We have strong ties to the arts sector and community in general.
- We regularly organize events, weddings, parties, live music.
- We are licensed to organize events, weddings with 300 seating capacity and we are also allowed to have minors and kids at the venue during weddings.
- Have 200 seats at the facility.
- We receive 200-300 orders on a daily basis including walk-in and online orders. Have our own delivery service and also registered on DoorDash and Uber Eats.
- Our sales reduced due to the recent pandemic.
- Physical assets include furniture, interiors, kitchen equipment, and other related items owned by the business.
Products & Services Overview
Event center, restaurant, pub, wedding place and beer house offering food, alcohol, live music. We serve burger, sandwich, fries, hot dogs, wings, alcohol, ice cream, alcoholic milkshakes and a bustling breakfast.
Assets Overview
Ongoing liquor endorsement program including minors, full audio-visual setup (CAD 40K), all furnishings, fully renovated interiors for 300 occupants.We also have CAD 100,000+ in the bank.
Facilities Overview
5,500 square feet facility on a 5-year term lease. The lease can be extended further.
Capitalization Overview
We have around 300k in cash and run at a profit.We have debt but its Canadian government backed loans.
Recent Activity
-
Earlier than 15 daysManager, Construction, Regina, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Catering, Saskatoon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysChef, Restaurant, Toronto, Individual Investor / Buyer connected with the Business
Tags:
Fine Dine Restaurant for Sale in Saskatoon, Canada
·Purchase Fine Dine Restaurant in Saskatoon, Canada
·Casual Restaurant for Sale in Saskatoon, Canada
·Purchase Casual Restaurant in Saskatoon, Canada
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·Buy Casual Restaurant in Saskatoon, Canada
·Bar License for Sale in Saskatoon, Canada
·Purchase Bar License in Saskatoon, Canada
·Sports Bar for Sale in Saskatoon, Canada
·Restaurant for Sale in Saskatoon, Canada
·Purchase Sports Bar in Saskatoon, Canada
·Purchase Restaurant in Saskatoon, Canada
·Beach Bar for Sale in Saskatoon, Canada
·Purchase Beach Bar in Saskatoon, Canada
·Tavern for Sale in Saskatoon, Canada
·Buy Bar License in Saskatoon, Canada
·Purchase Tavern in Saskatoon, Canada
·Buy Sports Bar in Saskatoon, Canada
·Buy Restaurant in Saskatoon, Canada
·Buy Beach Bar in Saskatoon, Canada
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