Alberta Restaurant and Pub for sale (Red Deer)

Alberta Restaurant and Pub for sale

The Affordable Business Partner Connecting Business Owners with quality buyers Businesses...Franchises...Commercial Properties... Partnerships...Assets salesCentral Alberta Family Restaurant & Lounge Investment Level 1 275 000 (Plus inventory) Type of sale Share SaleMy client has decided to move to be closer to family and is now searching for a successor for his very busy Restaurant & Lounge.He has over the last 6 years invested considerable amount of time energy and money into making this the place to go in this progressive Alberta Town.New owners will inherit a fresh-looking well branded modern establishment that includes a brand-new patio. Business model is franchise worthy and could enjoy the same success in smaller size towns.Owner will work with buyer to ensure a good understanding of the business and a smooth transition.Owner day to day responsibilities allows for a good work life balance and allows ample time focusing on improving the business.Aside from a consistent strong income there are many additional benefits in owning this business that the owner will share with serious parties.Business at a glance. Lease New 5 lease available. 1 owner operated business. Sales 2018 (1 854 000) 2019 (1 873 000) 2020 (COVID 1 279 000) 2021(1 860 000) 2022 Trending to over 2 000 000 Seller s Discretionary Income 2018(361 000) 2019 (352 000) 2020 (COVID 152 000) 2021 (407 000) 2022 (TBD)Interested parties must also complete a Buyer s Profile & NDA prior to financial and confidential information being released. Thank you.