1147 – Profitable Neighborhood Pub

$ 399,000


This is a delightful, newly-built pub in a high-end residential area. It’s a true neighborhood pub! It’s well laid out and has a gorgeous patio. Complete kitchen which is immaculate! It has VLTs. Business is growing consistently!

Sales: Gross sales: 2020 – $434,000;

2021 – $667,000;

2022 – $914,000

Size in sq. ft. 3,140 sq. ft.

No. of Seats: 100 plus 60 on patio

Number of parking stalls: Lots of parking; first-come, first-served basis in shopping center

Financing: Treat as clear title

Style of cuisine: Pub fare; appetizers and full meals

Customer Demographics:  Locals; lots of regulars; construction workers in area

Type of service: Table

Hours of operation:
Closed on Mondays; Tuesday – Sunday noon to 11 pm

Number of employees: 12 – mixed full-time and part-time – not including owners


Leasing information:

Rate per sq. ft. $22 per sq. ft.; gross monthly rent approx. $11,277.43 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount

Lease Term: 10 years with 3 years gone

Option periods: Two 5-year options
Deposit held by Lessor: 1 month