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1084 – Neighborhood Pub with 10 VLTs

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SUPERB OPPORTUNITY to own a large, busy and profitable pub in a superior location with excellent exposure. The 10 VLTs are a very nice profit center and patrons really enjoy having them. It is a well-established business, with lots of regular clientele, and long-term staff and the stage area makes for great concerts! Business comes with full music and light systems. Karaoke is featured on Thursday nights. This business seriously benefits from its own parking lot with plenty of parking. Brand new south and west-facing patio recently completed! Don’t hesitate to make a move – opportunities like this won’t last long!!

 

Sales: Gross sales: $1m+ per year including VLT income

Size in sq. ft. 6,600  sq. ft. on main floor

No. of Seats: 270 plus 32 on south and west facing patio

Number of parking stalls: Parking for up to 50 cars on grade parking; plus, some underground

Financing: Treat as clear title

Style of cuisine: Pub grub; western food; snacks

Customer Demographics: Wide range of ages;  locals; lots of regulars; working people

Type of service: Table

Hours of operation:
11 am – 11 pm; closed later on weekend nights

Number of employees: 15 – mixed full-time and part-time

Leasing information:

Rate per sq. ft. Gross monthly rent approx. $17,262 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: Goes to December 2022            Option periods: One 5-year option
Deposit held by Lessor: Zero


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