Historic Coastal Pub: Rod & Gun Parksville
Asking Price: | $1,750,000 |
EBITDA: | $320,930 |
Cash Flow: | $420,930 |
Step into a rare opportunity to own a piece of history with this landmark pub & grill. Spanning 8,000 square feet, this cherished restaurant draws both locals and visitors to its unique and inviting setting. For over a century, this legendary establishment has been the heartbeat of the community's social life.
Renowned for its rich history, superb culinary offerings, and vibrant entertainment lineup, this venue boasts a solid revenue split between food (55%) and beverages (45%), presenting a robust and balanced business model. Through skillful expansions and renovations, the establishment now features over 200 seats, including a family dining room, a garden patio, and a rooftop patio, diversifying its appeal across various customer segments.
Despite minimal marketing efforts to date, the business has thrived on its stellar reputation and word-of-mouth referrals, highlighting significant untapped growth potential. Strategic sales initiatives and enhanced digital marketing could further amplify its reach and profitability, making this a turnkey investment with considerable upside.
This iconic pub and restaurant offers not just a business opportunity, but a chance to become a part of the community's enduring legacy. With its well-established presence and diverse amenities, it stands ready for a new owner to take it to new heights.
NOTE: Although the real estate is not currently listed, the property owner is open to including it in negotiations alongside the business sale. An independent appraisal conducted last month valued the property at $4 million.