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1041 – Profitable NW Pub with VLTs – $495,000

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This is an iconic, state-of-the-art pub with great ambiance! Very well-established so lots of regulars. Comes complete with a stage with lights and sound system. Features 7 VLTs. Lots of income sources from games and pool. The pub serves a very large area of captive demographics with no competition. It’s a very profitable operation and won’t last!

Sales: Gross sales: $1,525,000 per year

Size in sq. ft. 5,840 sq. ft.

No. of Seats: Licensed for 256; actual 189

Number of parking stalls: Lots of parking – parking at the front and at the rear

Financing: Treat as clear title

Style of cuisine: Gastro pub; bar and grill food

Customer Demographics: Locals; lots of regulars

Type of service: Table

Hours of operation:
11 am – 2 am; 7 days a week

Number of employees: 18 – 50% full-time and 50% part-time

Leasing information:

Rate per sq. ft. $20 per sq. ft.; gross monthly rent approx. $16,700 which includes rent, CAM and GST.
C.A.M. $12.60 and Included in above monthly amount
Lease Term: 2 years left             Option periods: One 5-year option
Deposit held by Lessor: – 0 –


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