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868 – Gorgeous New Neighborhood Pub – $1,200,000

Beer & Snacks

This is a beautiful, new pub in a growing NW community. Gorgeous finishing throughout the pub. Fully equipped with state-of-the-art kitchen. Lots of parking available in shopping center. Grow with the community as it rapidly expands! Please note: Asking price would be reduced with a purchaser assuming leases in the amount of $250,000.

Sales: Gross sales: $1.7M  per year

Size in sq. ft. 5,400 sq. ft. (to be verified)

No. of Seats: 200 plus 90 on patio

Number of parking stalls: Lots of parking in shopping center lot

Financing: Treat as clear title

Style of cuisine: Casual dining; full menu featuring pub food and snacks

Customer Demographics: Business people; locals from growing residential backdrop; lots of regulars

Type of service: Table

Hours of operation:11 am – 1 am; 7 days a week

Number of employees: 25 – with 11 full-time and 14 part-time

Leasing information:

Rate per sq. ft. $30 + GST.
C.A.M. $12.60 + GST
Lease Term: 15 years with 1 year gone             Option periods: One 5-year option
Deposit held by Lessor: 1 month

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