|Location||Lethbridge - Surrounding Area|
|Reason For Selling||To Be Disclosed with a signed NDA|
|Type Of Sale||Asset|
Reduced! Restaurant and Lodging Business for Sale in Southern Alberta
Location: Southern Alberta, Surrounding Lethbridge Area
Restaurant and Two (2) Lodging Rooms
Furniture, Fixtures and Equipment: $35,000
Leasehold Improvement: $175,000
Total Ask: $240,000
The only restaurant and motel in a growing town, this is a highly desirable business.
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 family owned and operated. Living quarters available.
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: To be negotiated
Growth & Expansion: Yes. Expand the restaurant into catering. Advertise the lodging rooms with local business who bring in temporary workers.
Support/Training: Yes, based on need and availability
Year Established: 10 years in business, 10 months under new owners
Competition: No. They are the only restaurant and motel in town.
Employees: No. Family run business
Reason for Selling: Disclosed with a signed NDA.
To explore this exciting opportunity, call Clara at Larkspur Business Brokers.