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Bar for Sale in Saskatoon, Canada

For Sale: Event center, restaurant, pub, and beer house offering food, alcohol and live music.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 360 thousand (Native Currency: CAD 499,999)
Reason: Owner is moving towards a new opportunity.
Includes physical assets worth USD 210 thousand
Interested to connect with advisors
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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.

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
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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