- Listing ID: 840708
Pub Land & Building In Greater Vancouver For Sale
SOLD (Subject to Contract)
- Location:
-
- Canada
- > British Columbia
- > Vancouver
- > Vancouver
- Category:
- Type:
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Summary
- Asking price:
- $2,700,000 (Furniture / Fixtures included)
- Sales revenue:
- $2,400,000
- Cash flow:
- $364,000
- Years established:
- 4
- Employees:
- N/A
Business description
Pub, land and building: Asset sale. Located in the Greater Vancouver area. Business must be sold with the building. No liquor store.
Total Price $2.7 million. Pub business $850K / Building $1.85 million.
2008 Pub sales was $2.427 million with an adjusted net before taxes of $255K (with management in place) for a CAP rate of 30%.
Current Net Rent is $108,000 for a CAP of 5.84%.
The Pub was established for 4 years. The building exterior, including the roof and interior was extensively renovated when the pub was established 4 years ago. Total building area including the basement / storage area and 1,400 SF patio is 11,527 SF. Pub area with patio is 6,900 SF. Licensed seating capacity 261.
This is priced to sell.
Reason for sale: Partnership break-up. Principals only please.
Property information
- Real Estate:
- Real Property Included
- Location:
- High profile location surrounded by high density residential
- Size in square feet:
- 5,675 SF
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- > British Columbia
- > Vancouver
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