1106 – Profitable Pub with 11 VLTs – $219,000
This is a well established, immaculate pub on a busy thoroughfare. Lots of regulars. Comes with 11 VLTs. Theme nights such Karaoke and wing nights etc. Lots of parking in shopping center lot. Needs energy, marketing and social media ideas of a new owner!
Sales: Gross sales: Approximately $630,000 per year plus VLT income
Size in sq. ft. 4,644 sq. ft.
No. of Seats: Actual 97 but muich higher Fire Dept. limit
Number of parking stalls: First-come, first-served basis in back plus on-street
Financing: Treat as clear title
Style of cuisine: Pub grub
Customer Demographics: Locals; blue collar; lots of regulars
Type of service: Counter
Hours of operation:
11 am – 2 am; 7 days a week
Number of employees: 8 – mixed full-time and part-time
Leasing information:
Rate per sq. ft. $16,000 per month, all in, rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: February 2022 – 2025 is $28 per sq. ft.
Option periods: One 5-year option
Deposit held by Lessor: $9,000 (to be verified)
