1141 – Country Hotel & Profitable Bar

$ 4,200,000

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This is a delightful, extremely well maintained and very profitable country hotel and bar within commuting distance of Calgary. Both the hotel and bar have been consistently updated and upgraded. Renovations have included electrical, plumbing, washrooms, roof, flooring and kitchen equipment. The hotel has 10 rooms which were recently renovated and show extremely well. Everything is in top-notch shape!

 They have a satellite dish, 24 TVs and an ATM. They have 10 VLTs. It’s a large venue which holds up to 750 people and special events are usually sold out. Must be seen to be appreciated.

Sales: Gross sales: Sales forecast to be $2.3M for 2023

Size in sq. ft. 17,428 sq. ft. and 19,500 sq. ft. of land

No. of Seats: Licensed for 751

Number of parking stalls: First-come, first-served basis in back plus on-street

Financing: Treat as clear title

Style of cuisine: Full menu – pub food

Customer Demographics: Locals, travelers, acreage owners in the area. Special events are very well attended by their regulars as well as customers from Calgary.

Type of service: Table

Hours of operation:
11 am – close; 7 days a week

Number of employees:  Approximately 24 – mixed full-time and part-time and depending on the season

 

Leasing information:

No lease as you own the land and building.