Looking for Advice on Selling a Franchised Pub – $1.7M in Annual Sales

Hi Searchfunder community, I'm considering exiting a business I’ve been operating and would appreciate your thoughts on pricing and the sales process. Business Overview: Type: Franchised pub (well-known brand) in Canada Annual Sales: ~$1.7 million Appraised Value: $620,000 EBITDA: approx. -$80,000 SDE: approx. -$20,000 Renovation: Currently undergoing major improvements worth $120,000 (some upgrades still pending – open to completing these pre-sale if needed) What kind of valuation range would be realistic in this scenario? Would it make sense to complete all renovations before listing, or leave some for the buyer? Are there any creative deal structures or buyer profiles that might be a better fit for a turnaround opportunity like this? I’m open to conversations with experienced operators, brokers, or buyers who’ve dealt with similar businesses. Thanks in advance for any feedback or suggestions!