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992 – Hotel with Land, Building & Bar Business – $500,000

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This is a rare opportunity to own the land and building and be your own Landlord! It’s located right on major Highway. Pub has 10 VLTs which bring in lots of locals. Rooms are presently not habitable but could easily be renovated by a new owner for long-term rental income to the oil service industry in the area.  If you’re looking for a long-term project with excellent upside – while getting income from the present business, this is a great opportunity!

Sales: Gross sales: $405,000 in 2017; made up of $120,000 from 10 VLTs; $77,000 from off-sales; $191,000 from food & beverage sales; $17,000 misc.

Size in sq. ft. 2,000 sq. ft. in bar; total building 15,000 sq. ft. over 3 floors

No. of Seats: 130

Number of parking stalls: Parking on the property plus on-street

Financing: Treat as clear title

Style of cuisine: Western menu; burgers; pub food; prime rib

Customer Demographics: Locals; lots of regulars and highway traffice

Type of service: Table

 

 

Leasing information:

There won’t be a lease as the land and building are included in the sale.


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