1920 Hotel located in the wine capital of canada, in the sunny okanagan
$875,000.00 (Cdn)
Business Location: British Columbia Postal Code: V0H Relocatable: No
Business Categories:
Hospitality & Food Service Sports & Leisure Products
BUSINESS FEATURES
Busiest Bar in town, renovated and updated into Sports bar and Grill Sept. 07 all high end LG tvs, Bell expressvu satelite receivers, networked touch screen point of sale in place, Wireless internet.
'Off sales' of beer, cider, and coolers
Renovated and updated kitchen and equipment may, 08. Renovated restaurant into high end feel Bistro with all new leather seating, and tables lighting.
Lottery sales
pool tables
dart boards
FINANCIAL INFORMATION
Excellent cash flow and return on investment.
2006 revenues were $228,000, revenues for 2007 have increased 179% to $410,000. Start of our next fiscal year already sees revenue for august 07 $9,800 compared to $46,000 for August 08 a 483% increase. Profits for 2007 were $170,000.
On target for sales of $600,000 for fiscal 2008.
Lottery Sales up 12%
MARKET & COMPETITION
Main Street location.
Only one other bar in town.
Coziest, and most romatic, the only Bistro in town.
Only sports bar and grill in the south okanagan.
email for pictures peachlanddon@hotmail.com
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
5 unit touch screen point of sale system
Restaurant furnishings
Bar/pub furnishings
Kitchen equipment
2 walk in coolers
vending machine
14,000 watt sound system
6 hd 32 ' flat screen lcd tvs + Large screen projection system + 6 bell sat. rxs
plus much much more
- EXCLUDED from the Price -
pool tables are owned by southern music
- OPTIONAL & EXTRAS -
Liquor and beer inventory
Grill, Salamander, and Dishwasher are lease to own.
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