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Lucrative Sports Bar and Pub For Sale
Ottawa, Ontario
Asking price $: 500,000
Sales Revenue $: 1,223,000        Cash Flow $: Avaiblable on request
Business Description

Are you into a busy night life while earning big money invested on a sought-after beer joint? Then check this profitable sports bar and pub in the major Ottawa area, which is one of the popular hangouts of both the old and the young. This business venture consists of an enormous property that can have a seating capacity of more than 250 patrons. It also includes well-maintained facilities such as leasehold improvements, a seasonal patio, bar decorations, pieces of furniture, pub equipment and more. Also, the location cannot go wrong, situated in the heart of a desirable city where there is a high traffic of people from all walks of life. The sports bar and pub has this established this credibility of serving the finest alcoholic drinks and draught beer in the city while showcasing live sport shows to its thousands of patrons. It also accepts exclusive use or rental of the entire bar for special events or celebrations such as company parties, birthdays, wedding receptions, reunions, bachelorís parties and more.

This business opportunity has already proven its worth by generating big revenues since it was established. Apart from the excellent amenities it offers, this company also takes pride in its professional and well-trained staff who continuously provide first-rate customer service to each and every client they have. Its A-1 management team is like a gem that you have treasure to keep this venture going. Apart from the asking price, there is also an occupancy cost of $189,000 and the owner also requires a downpayment. However, the business package includes a $492,000 worth of furniture, fixtures, displays and more. There is also a $7,500 worth of bar inventory or stocks. The current owner is also proposes a financing scheme for the right buyer who will commit his time, effort and investment to this great business deal.

Detailed Information
Competition / Market / Profit Trend
With this hectic life that we have nowadays, people will surely find the sports bar and pub a relaxing place to watch live sport shows or socialize with others through drinking and eating. And since this property is located in the middle of a hustling neighborhood, you can expect to have a busy night life all the time. Even if there are other restaurants or bars within the area, you need not worry. This company has been patronized by numerous customers who have been satisfied with the excellence of service the company provides.
Expansion Potential
Since this sports bar and pub is already well-equipped, you do not need to invest so much on capital equipment. Thus, you can invest your money in upgrading the property by expanding the patio or adding extra rooms for private functions. It also has an established customer list of both repeat and new customers. However, you can still widen you network clientele by thinking of new marketing strategies that will advertise and promote your business to other localities in Canada. You can offer discounted rates, happy hour promotions and exclusive memberships, among others. Providing dining services is also an option that is highly suggested to attract more customers.
There are around 20 highly professional, well-trusted and experienced employees who are willing to stay and assist the new management and owner. They have never failed to deliver quality service and expertise in their respective fields.
Support, cooperation & training
To ensure that everything will go smoothly during the transition process, the current management is willing to provide an extensive training of all the business processes and procedures that the prospect buyer will have to understand. This will take at least 3 weeks to finish.
Business Category: Restaurant/Cafe/Bar

Business For Sale Marketplace In Ottawa

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