Restaurant and Lounge with 5 VLTs For Sale

 

Price:

$242,000 $195,000

Location: Surrounding area within 40 min drive
Premise: 4200 sq ft
Rent: $3,975 includes property tax
Lease Ends: Oct 31, 2023
Capacity: Restaurant: 60, Lounge: 40, Patio: 25
VLTs Income: Net Approx $78,000
General Description:

This business opportunity is producing approx. 3/4 million dollars annually. There is currently an extra steady monthly income of approx. $1,800 from catering service. Best pizza in town and will pass on recipes to the next owner.

The owner has recently spent $30,000 in upgrades on the following: a new air exchange for the heat furnace, booth, ceiling tiles, pot lights, toilet vanity and new painting. There is an extra piece of land providing plenty of free parking for the customers.

Option to purchase the property and the landlord is willing to carry some financing.

Get It Before It's Gone, Don't Wait, Grab It Now before someone else does!

Please do not approach or bother the staff. James Han has all the details for this business. Please contact James for further information.

The information given above has been obtained from sources I understand to be correct, but is not guaranteed and is subject to change without notice.

 

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 JAMES HAN

Brokers Edge Realty

 Edmonton, AB

 Cell/Text: 780:908:8889

 Website: www.JamesHan.ca