For Sale   >   Canada Flag  Canada   >  Newfoundland And Labrador  >  Carbonear
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  • CAD$5,494,240
  • (USD 4,000,000)
    •
    CHECK IF AVAILABLE
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  • Business
  • For Sale 
  • Carbonear
  • canada Flag Canada
THE PROPERTY HAS JUST BEEN DROPPED FROM $5,000,000 USD TO
$4,000,000 USD AND IS NEGOTIABLE WITHIN REASON. THIS IS A CHANCE TO
HAVE A VERY UNIQUE PROPERTY.

The entire property and business are being sold together. The “Stone Jug”
property features 3 distinct floors, plus the addition of a full basement for a total
of approximately 12,000 sq. ft. Each floor is approximately 3000 sq. ft. The 1st
floor seats 85+ guests and has an 85 ft. bar and an open concept kitchen. The
2nd floor easily seats 200 guests. The 3rd floor theater and conference room
seats 120 guests. *In 2020 the addition of a 2000 sq. ft. outdoor Austrian Beer
Garden has been erected adjoining the Stone Jug property. Outdoor seating can
accommodate 130 guests.

All of these facilities make the Stone Jug a perfect venue for weddings,
meetings, conferences, functions, theater & musical performances. Whether it’s
a private event, a night out with friends, a business dinner or just a casual
evening in the pub, you can move from one floor to the next to a completely
different venue. There are no other similar facilities in Canada, making this an
instant positive ROI and cash flow for years to come. It`s a booming busy spot!

The building is a historical structure built with 1-Meter-thick walls made out of
hand-carved stone dating back to the early 18th century. It rivals other historical
buildings found in New York, Paris or London. The building has undergone a
total of $5,000,000 USD in restoration by the current owner recently sparing no
costs. Clients are mesmerized by the beautiful gleaming hardwood floors &
stairs, copper ceilings, glittering chandeliers and hand-crafted woodwork.

The property includes a 10,000 sq. ft. additional property currently used as a
parking lot, which has the potential to be converted into a hotel or other facility.

The property is currently Licensed as a restaurant & Lounge, with liquor, wild
game & fishing licenses with no restrictions. The entire operation and the
physical property are included in the offer. This popular establishment is
continually selected by the public, as a preferred venue for weddings, meetings,
conferences, multi-level functions, theater & musical performances. “Stone Jug”
has also been listed by the tourist industry, as a “must visit” 5 Star Attraction in
Canada.

Stone Jug is extremely profitable since its opening in 2015. The profit level was
12% of sales in 2016, and 20-22% of sales in  --(Phone number)-- 

+++The owner is also open to accept cryptocurrency for the sale of the property
and any reasonable offers.
THE PROPERTY HAS JUST BEEN DROPPED FROM $5,000,000 USD TO
$4,000,000 USD AND IS NEGOTIABLE WITHIN REASON. THIS IS A CHANCE TO
HAVE A VERY UNIQUE PROPERTY.

The entire property and business are being sold together. The “Stone Jug”
property features 3 distinct floors, plus the addition of a full basement for a total
of approxima...
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CHECK IF AVAILABLE
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