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Bar for sale (Montreal, Quebec, Canada) Asking Price:$300000

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Bar for sale Bar for sale


Revenue $250000, Cash Flow $50000, Established 1983

We are selling a turn key bar /restaurant that includes all real estate, liquor licenses, equipment, 3 apartments and another business rental on property. Building sits on a 1.28 acre commercial lot. Has two inside bars and 1 outside Tiki bar that is under roof with a huge outside patio, eating area and concrete stoned fire pit. Has a huge room used for private parties and other special events.

Live Music every Saturday night and also has a 2nd story DJ booth for other events. Here is your chance to own a business and all of it's real estate also. Buildings and property is worth over $350,000 not including liquor license, equipment and business. Also this business sits in an area where there is going to be a huge amount of people coming in from a new up scale high end race track right down the road. They have to pass this business on the way to and from the track. This is the closest bar/restaurant to this race track. Profit will double to triple and real estate value should double once this happens. Potential is endless and you can make the business into anything you want. Both apartments are rented bringing in $1200 a month. Other business on property rents for $800 a month. Also great beer take out business.

Business Information

Number of Staff

3

Ownership

private

Any Expansion potential

Reasons for selling

Any Inventory / Stock value

Is this a home-based business

No

Property

80 sqr meter

Telephone

Business Location details

Competition / Market

Trading hours

Any Support & training

Any Furniture / Fixtures

Any Living Accommodation

yes

Can this business be relocated?

No

Is this business part of a franchise?

No