Description
The “Stone Jug” features 3 distinct floors, plus the addition of a full basement.. 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 185 -200 guests. The 3rd floor theater and conference room seats 120 guests. All of these facilities make the Stone Jug a perfect venue for weddings, meetings, conferences, functions, theater & musical performance. 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 Eastern Canada, making this an instant positive ROI and cash flow for years to come.
The building is built with 1 Meter thick walls made out of hand-carved stone dating back to the early 18th century. It rivals 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. Clients are mesmerized by the beautiful gleaming hardwood floors & stairs, copper ceilings, glittering chandeliers and woodwork.
The property includes a 9000 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 a Licensed as a restaurant & Lounge, with liquor, wild game & fishing licenses with no restrictions. The entire operation and the physical property is 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 the Province.
Stone Jug 1860 is extremely profitable since its opening in 2015. The profit level was 12% of sales in 2015, and 20-22% of sales in 2017/2018/2019.
$5,500,000 USD or equivalent in Crypto Currency (BTC, ETH, XRP)
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