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928 – NE Neighborhood Pub – $149,900

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This is a well-established neighborhood pub with very deep roots. It has a great residential back-drop and enjoys many regular clientele. It has 4 VLTs.  The facility is clean and has lots of parking. They have their own Karaoke equipment and this is a very popular   event at the pub! Great opportunity for an owner/operator to become a neighborhood publican!   

Sales: Gross sales: $566,000 last year

Size in sq. ft. 2,859 sq. ft.

No. of Seats: 100

Number of parking stalls: Lots of parking

Financing: Treat as clear title

Style of cuisine: Casual dining

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

Type of service: Table

Hours of operation:
Weekdays 2 pm – midnight; Weekends Noon – 2 am

Number of employees: 4 to 8 with 2 full-time and the balance part-time

Leasing information:

Rate per sq. ft. $24 per sq. ft.;

C.A.M. $12.75
Lease Term: 4 years left of a 5-year term

Option periods: One 5-year option
Deposit held by Lessor: $18,648


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