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BUSINESS FOR SALE - PROFILE #  80300033

Bar/Lounge For Sale
Charlottetown

Asking Price: $100,000   Down Payment:  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
This well-established bar/lounge is in a great location.
It is close to the Charlottetown downtown and within walking distance of all amenties.

It contains ample space for musical events, indoor sports leagues, banquets or receptions.

This business is licenced to sell liquor and spirits which is a major revenue generator.

The new owner will have endless possibilities and be able to take this business to the next level.
Food and snacks are not served or available by or from the current owners.

The new owners can take advantage of the loads of space and increase revenues by serving food.  

*The current owners are at retirement age and are looking for a buyer who is energetic, forward thinking and an entrepreneur who can this business to the next level* 

**Please note that our contract with the owners of the business requires that any individual who is interested in reviewing any information about this business for sale must sign a legal, binding non-disclosure agreement  prior to reviewing any information**

***If you are interested in reviewing any information about this business for sale, please contact Kevin Forrester of VR Business Brokers at (902) 314-0262 or via e-mail at kevin@vrpei.com***

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Inventory:
Furniture, Fixtures & Equipment:
Real Estate: $100,000 Included
    Total Assets Included in Sale: $100,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Kevin Forrester
Phone:  (902) 370-8722
E-mail:  kevin@vrpei.com
VR Business Brokers-CHARLOTTETOWN, PEI, CANADA
76 Kent Street
Suite 205
Charlottetown, PE C1A 1N4
www.vrpei.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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