Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Successful & Established Cocktail Bar Business In Kingston, ON For Sale

Kingston, Ontario, Canada
Asking Price:
$250K - $500K (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

This is actually a really great opportunity!
Business is located in the heart of downtown Kingston, ON.
It is independent, popular, well established for over 7years and carries much goodwill value.
8-14 active employee's.
Licensed with LLBO/LCBO
Has great indoor and outdoor seating space.
Great Lease with fresh renewal.
Beautiful and unique.
Turn key, ready to go, well maintained.
Still profiting very well after covid-19 lockdowns, no debt, regular income.
Additional upper floor level in building at your disposal (could be used for business, office, storage or even living).
Day to day operations do not rely on owner to be there as it is now. However, owner presence is obviously valuable to any business.
Reason for selling is simply for some life changes (moving/distance and family)

For more information, please contact us using the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

Lease gets renewed every 5years. A fresh 5 year term has been written in starting September 2021. Options to assign and renew.

Living Accommodation:

The upper level could be converted into living space.

Location:

Kingston, ON

Business Operation

Expansion Potential:

There is much potential to expand the upper & basement level of the establishment.

Competition / Market:

Some, but not much competition due to uniqueness of business.

Reasons for selling:

Reason for selling is simply for life changes (moving/distance, family).

Trading hours:

7 days a week. Usually open from 12noon to 2am. hours can be adjusted.

Employees:
8-14
Years established:
7+

Other Information

Support & training:

Support and training can be worked into deal. Available for anywhere from 1month to 1year

Financing available:

Financing may be able to be worked out. outright sale is more appealing.

Furniture / Fixtures value:
$75,000 (CAD) - included in the asking price
Inventory / Stock value:
$15,000 (CAD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Seller

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here