|Reason For Selling||Relocation|
|Type Of Sale||Asset|
Urgent! Restaurant and Lodging Business for Sale in Southern Alberta
Location: Magrath, AB
Restaurant and Two (2) Lodging Rooms
Total Ask: $80,000
Includes Furniture, Fixtures, Equipment and Inventory.
A fantastic business in a wonderful community!
A good mix of local customer and travelers, temporary workers and visitors. The Company recently opened two lodging rooms to address the need for accommodations. Both rooms are beautifully renovated!
The restaurant is limited service where customers order and pay at the counter before sitting. The menu is all American classics like burgers, fries, pizza and subs.
The two businesses have many opportunities for growth based on a new owner’s vision and skill set.
Turn key business offers an easy way into both food & hospitality industry!
Perfect fit for a family run business in a beautiful and safe community.
Living quarters available, separate lease from businesses.
Facilities: Restaurant: 2,246 square feet. Lodging: 625 square feet
Restaurant: Large dining area, equipment in excellent condition, large kitchen area.
Lodging: One double occupancy room and one two bedroom, up to 4 people, suite. $175,000 in lease hold improvements. Brand new!
Lease: $2,500 includes triple net. Terms and conditions of the lease to be negotitated.
Growth & Expansion: Yes. Expand the restaurant into catering. Advertise the lodging rooms with local business who bring in temporary workers. Lease additional space
Support/Training: Yes, based on need and availability
Year Established: 10 years in business, 12 months under new owners
Employees: No. Family run business
Reason for Selling: Relocation
To explore this exciting opportunity, call Clara at Larkspur Business Brokers.