Profitable Restaurant Pub Motel In Northern Alberta
Location: Northern Alberta, Alberta
Listing ID: 3192
Calling all Investors! A very rare and stellar investment opportunity to own a long-running and very well known family-run restaurant and pub with a beer store and 12-room motel in High Prairie, Alberta. Conveniently located in the centre of the town next to a popular neighbourhood theatre, commercial and government offices, high-traffic retail stores and a new hospital. This is a booming town with an approximate of $817M budgeted for new residential and commercial developments including a new college that will bring in a dramatic change to the town presenting a stellar investment opportunity to seize and witness spectacular long-term growth in.
For over 39 years, the family-run restaurant and pub has been a neighbourhood go-to gathering place catering to a sizable market of town residents looking for great food, great service and entertainment offered by the restaurant’s pool table, dance floor and 10-11 Video Lottery Terminals (VLTs) that has one of the top 10 revenue rankings in Alberta. The beer store is also a hit in the town with its delivery services, one of the only beer stores in the town that provides delivery services. The owners have built a stellar reputation in the town, this easy to manage business enjoys steady revenues and visitors all year long with their motel consistently 100% fully occupied which is currently undergoing upgrades.
Owners are looking to retire and hand off this amazing business opportunity with enormous potential for growth. Owners will train the new Owner(s) to ensure the continued success of their business. All equipment is new and in working order. This business opportunity won’t last long. Investors, this is your time to seize the moment! Listing ID 3192.
Extras: All Equipment, Leasehold Improvements & Chattels Included In The Price. Inventory extra.