Successful family restaurant and lounge owned and operated since 1967 is located in downtown Elk Point - a high traffic area. The family has built a name for quality food and service and is ready to pass their business onto a new owner. Enjoy cooking in a top-notch kitchen for in-house customers or for a catering, a lounge with 10 VLT that generate a solid income and a banquet area complete with pool tables, DJ booth, dance area or room for games. The bathrooms - restaurant side and lounge side - have been fully renovated and are wheelchair accessible & gender neutral. The bar area can serve the lounge and banquet quests separately and each have access to bar coolers. The restaurant offers seating for 55, the lounge 30 and the banquet area 50. There's a double attached heated garage for easy access to deliverers and there's a ton of storage. This is the time to corner the market - this property has so much potential and the seller is willing to stay on for training purposes. Please check out this property
Price Incl.:
Equipment/Machinery, Fixtures, Goodwill, Trade Name
Transaction Type:
For Sale
Property Type:
Business with Property
Business Name:
Empress Lounge
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Banquet
Bus Op Since:
1967
Construction:
Brick/Masonry, Concrete
Building Type:
Street-Level Storefront
# Units:
0
# Storeys:
1.0
Year built:
1978
(Age: 46)
Total Floor Area:
6,271 sq. ft.583 m2
Lot Area:
0 sq. ft.0 m2
Lot Depth:
125'38.1 m
Lot Frontage:
60'18.3 m
Heating Source:
Natural Gas
Plan:
5389CL
Title to Land:
Freehold
LINC Number:
0016845423
High Traffic Area, Level Land, Shopping Nearby, Back Lane
Services Connected:
Electricity, Fully Serviced, Garbage Collection, Natural Gas, Telephone, Street Lighting, Sidewalk, City Water
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