Profitable Pub with VLTs – $695,000
Profitable Pub with VLTs – $695,000
Don’t miss the opportunity to purchase this large restaurant/lounge which has been long-established and is constantly being updated. It shows very well! It’s an extremely profitable business and comes with 12 big screen HD TVs; 20 security cameras; 15 VLTs in a VGR (video gaming room) and a complete kitchen. There’s a separate office, full POS system and full draft system. The business nets $350,000 – $400,000 per year. Sales have been in excess of $2M in previous years so there’s lots of opportunity to bring it back to pre-recession times!
Location
Country: | Canada |
State or Province: | AB |
City: | Calgary |
Location Zip or Postal Code: | T1X 0L3 |
Listing Information
Service Type: | Sit-Down Table Service, Liquor Primary |
Title of Listing: | Profitable Pub with VLTs – $695,000 |
Number of Locations: | 1 |
Number of Seats: | Over 150 |
Size: | 5,300 sq. ft., Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Hours of Operation: | Bar 10 am – 1 am Dining room 11 am – 10 pm |
Financial Details
Asking Price: | $695,000 |
Gross Revenue: | $1,500,000 per year including VLT income |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Financial Comments (include any Financing information that may be useful): | Treat as clear title |
Contact Listing Owner
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