Restaurant for Sale in Newfoundland and Labrador, Canada

Food & bar but we also host a huge amount of meetings & events, weddings, and shows. Physical building, land and over complete inventory (list added in documents) The property features 3 distinct floors, plus the addition of a full basement for a total of approximately 12,000 sq. ft. Each floor is approximately 3,000 sq. ft. The 1st floor seats 85+ guests and has an 85 ft. bar and an open concept kitchen. The 2nd floor easily seats 200 guests. The 3rd-floor theater and conference room seats 120 guests.
In 2020, the addition of a 2,000 sq. ft. outdoor Austrian beer garden has been erected adjoining the property. Outdoor seating can accommodate 130 guests.
All of these facilities make our property a perfect venue for weddings, meetings, conferences, functions, theater & musical performances. Whether it’s a private event, a night out with friends, a business dinner, or just a casual evening in the pub, you can move from one floor to the next to a completely different venue. There are no other similar facilities in Canada, making this an instant positive ROI and cash flow for years to come.
The building is a historical structure built with 1-meter-thick walls made out of hand-carved stone dating back to the early 18th century. It rivals other historical buildings found in New York, Paris, or London. The building has undergone a total of USD 5,000,000 in restoration by the current owner recently sparing no costs. Clients are mesmerized by the beautiful gleaming hardwood floors & stairs, copper ceilings, glittering chandeliers, and hand-crafted woodwork.
The property includes a 10,000 sq. ft. additional property currently used as a parking lot, which has the potential to be converted into a hotel or other facility. Not Disclosed