They spent £ 1million on renovating the 200-year-old building before reopening it in 2016.
Since then it has operated under different managers but closed last November.
Mr Edwards said they have since secured a reduction in professional rates for the pub – and it is now sold to Imagine Inns.
The pub chain operates in four locations in the North West of England – in some cases transforming venues and their fortunes.
Its name comes from the boss Michael Hales who looks at the sites and imagines what he can do with them.
There are currently plans for up to 30 jobs at Tal-y-Cafn and hope this can become a long-term success.
Mr Hales said: “We are only at the final stage of the sale. We are very proud to have found this gem and to expand our business in North Wales.
“We specialize and are committed to bringing community pubs and restaurants back to life.
“We want to reopen the site as soon as possible and we are already advertising jobs. ”
Mr Edwards said he was happy his family left this lasting legacy in the Conwy Valley after saving the pub in 2016.