TAVERN WITH 8 VLT TERMINALS, AND RESTAURANT IN A CENTRAL ALBERTA HOTEL. Steady clientele in a reputation facility. Price also includes a separate operating liquor store. The Tavern has seating area for 100 plus a small dance floor area and pool table area. The restaurant will seat approximately 60, and has a well equipped kitchen including, 3 grills, 2 deep fryers, 2 pizza ovens, walk-in cooler, freezers, dishware, tables and chairs. Price includes cash registers, computer inventory system, security system with 7 remote cameras, and a banking ATM machine. Hot water heating and air conditioning. Many recent upgrades to the building, including, new roof and new flooring. Sellers wish to retire after a quarter century of successful inn-keeping. Sellers are motivated to sell.
Essential information
MLS® number
A2124061
Status
Active
Price
$589,000
Property type
Commercial
Type
Hotel/Motel
Transaction
For Sale
Restrictions
None Known
Building area
7,000 sq ft
Structure
Hotel/Motel
Listing brokerage
Royal Lepage Tamarack Trail Realty
Source
Pillar 9™ MLS® System
Interior
Included
To be sold as an operating business and company Ltd. Price also includes all appliances, tables, chairs, glass ware, dispensers, dish-ware, cutlery, pots & pans, linen, towels, bedding, steel-ware, tools and miscellaneous decor and supplies, coolers and freezers, and cash registers.
Exterior and construction
Zoning
COM
Community
City
Eckville
Province
AB
Postal code
T0M 0X0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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