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932 SW Neighborhood Pub – NOW ONLY $195,000

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Great opportunity to be a neighborhood publican in this upscale area in the SW. Surrounded by high-income demographics. Lots of regulars. Families allowed! The premises are immaculate in every way. It comes fully equipped including 16 security cameras and a double pizza oven. Lots of parking. Motivated Vendor so don’t miss it!

Sales: Gross sales: $48,000 per month

Size in sq. ft. 3,262 sq. ft.

No. of Seats: 130 capacity, including patio

Number of parking stalls: Lots of parking

Financing: Treat as clear title

Style of cuisine: Casual dining

Customer Demographics: Locals; older crowd; sports fans for NFL and hockey

Type of service: Table

Hours of operation:
Weekends 11 am – 1 am; other days 11 am – close

Number of employees: 3 full-time in kitchen; 7 servers; plus, owner

 

Leasing information:

Rate per sq. ft. $32.50 per sq. ft. which goes to August 31, 2019 then is stepped up to $34.50 for the balance of the lease. Presently paying gross monthly rent approx. $13,700 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 8 years left of a 10-year lease

Option periods: One 5-year option
Deposit held by Lessor: $9,378


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