125 seat Pub, land & building in the D/T core of a large, fast growing city in the Fraser Valley. Asset Sale. Business has been established 4 years.
Total projected 2008 net income before taxes $294K. Projected 2008 Sales $1.3 to $1.4 million. Net before taxes $240K plus. CAP 13.7%. Building normalized net income $54K- CAP 7%.
Complete turn-key operation- all inventory and sales systems in place. The recently adopted City Neighbourhood Plan calls for medium to high density development surrounding the Pub.
Sorry, Principals only please.
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