Sports Bar And Grill In Downtown Vancouver For Sale

Description

Business type: sports bar and grill

Location: downtown Vancouver, British Columbia

Market area: entertainment district

Current status: established operating business

Trading history: 25 years

Premises size: approximately 3,500 sq. ft.

Financial information

Annual sales: approximately $3 million

Profitability: reported as profitable

Premises

Bars: 2

Walk-in cooler: in place

Walk-in freezer: in place

Draft beer taps: 40

Commercial kitchen: fully equipped

Kitchen capacity: designed for high-volume service

Licensing and capacity

Liquor licence: in place

Licensed indoor seating capacity: 130

Licensed patio seating capacity: 30

Total licensed seating capacity: 160

Patio: available

Operations

Operating hours: 9:00 AM to 3:00 AM

Lunch service: active

Dinner service: active

Late-night service: active

Event-driven sales: established

Staffing: in place

Business operations: fully operational

Customers and market

Customer base: established

Customer loyalty: stated as strong

Local market reputation: stated as strong

Customer traffic: stated as consistent

Sporting events: established demand driver

Nightlife corridor: stated as one of Vancouver's busiest

FIFA World Cup-related tourism benefit: stated by the seller

Lease

Monthly lease cost: $22,000

Remaining lease term: 1 year

Renewal option: 5 years

Revenue channels

• Food sales
• Beverage sales
• Lunch service
• Dinner service
• Late-night service
• Sporting event traffic
• Patio service

Potential buyers

• Owner-operators
• Restaurant operators
• Bar and nightlife operators
• Hospitality groups
• Strategic industry buyers