Turnkey Licensed Event Venue, Bar & Entertainment Business in Downtown Squamish
An opportunity to acquire an established, professionally equipped hospitality and entertainment venue in the heart of downtown Squamish, British Columbia. The business operates from a flexible 204-person-capacity venue designed for live entertainment, private events, corporate functions, community gatherings, ticketed performances, DJ events, karaoke, trivia and other hospitality programming. The space can be configured for seated events, standing receptions, performances, dancing, private bookings and community programming. The venue includes: The sale is expected to include the furniture, fixtures, equipment and operating assets required to continue the business, subject to an agreed asset and inventory list at closing. The business has an established local brand, recurring programming and strong recognition throughout Squamish, Whistler, Vancouver and the Sea-to-Sky community. The sale includes the transferable business assets, which are expected to include: Revenue is generated through a combination of: Detailed financial information will be made available to qualified buyers following execution of a confidentiality agreement. This opportunity is best suited to an experienced owner-operator or professional hospitality organization with the ability to actively manage programming, staffing, marketing, sales and cost controls. Potential buyers may include: This is not being presented as a passive investment. A hands-on operator with hospitality and event-management experience should be well positioned to improve margins and build on the venue's existing infrastructure, reputation and customer base. The downtown Squamish location provides access to local residents, tourism traffic, nearby businesses and the growing regional event market. A new owner can acquire a functioning hospitality and entertainment platform without the cost, delay and complexity of constructing and equipping a comparable venue from the ground up. The premises are leased. Lease information, landlord requirements and transfer conditions will be provided to qualified buyers during the due-diligence process. Any transfer of the lease, liquor license and other regulated approvals will be subject to applicable landlord, regulatory and third-party approvals. The seller is prepared to provide a reasonable transition period, including introductions to key vendors, promoters, contractors and community partners. Asking Price: $199,000 Serious inquiries only. Prospective buyers should be prepared to demonstrate relevant operating experience and financial capacity before receiving confidential financial, lease and operating information. Events based. Typically evening and late night. Thursday-Sunday fairly consistently.
Ref #
7358
For Sale By
Owner
Contact Name
Allen Edwards
Listing Id #
7358
Contact Email
Contact Phone
604-848-4920
Hours Of Operation
Events based. Typically evening and late night. Thursday-Sunday fairly consistently.
Financials
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