Bar for Sale in Saskatoon, Canada
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | C Corporation |
Reported Sales | USD 900 thousand |
Run Rate Sales | USD 700 thousand |
EBITDA Margin | 20 % |
Industries | Restaurants + 1 more |
Locations | Saskatoon |
Local Time | 8:03 AM America / Chicago |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
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.
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.
5,500 square feet facility on a 5-year term lease. The lease can be extended further.
We have around 300k in cash and run at a profit.
We have debt but its Canadian government backed loans.
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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