Listing ID: REGINSK001-N87
This is an excellent opportunity for either a part-time owner or for a family to own and operate a successful business! The business features 200+ person capacity, bands and DJ’s on weekends, special event nights, pub food and drinks, VLT’s and a private room rental for special/private events. Located in a prosperous Saskatchewan city; this is the go-to night time and events destination!
The business is currently being operated as somewhat of a “life-style” business for the owners with limited hours and days of operation. With a solid management team in place - the owners work very few hours in the business.
Total Sales: $754,000
Cash Flow: $250,200
Accounts Receivable: $0
FFE Included: Yes
Inventory Included: Yes
Year Established: 2010
Year of last Acquisition: 2016
Days & Hours of Operation: Days and hours of operation vary depending on the season
Owner Hours Per Week: 12
Non-Owner Payroll: $123,000
Employees: 3 full-time, 15 part-time
Managers: 3 and all are expected to remain working in the business after the sale.
Type of Location: Leased
Square Footage: 7,035
Facilities Information: 250 person capacity
250 person capacity
Reason For Sale: Other business interests.
Other business interests.
Training & Support: Seller will provide training/transition support; key management staff are expected to remain.
Seller will provide training/transition support; key management staff are expected to remain.
Competition: Very limited to no competition.
Very limited to no competition.
Potential Growth: Opportunities to grow/expand the business.
Opportunities to grow/expand the business.