#1184 Popular Well-Located Pub in SW

$ 125,000

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This is a well-located and well-known pub which has a loyal following. They host many special theme nights and activities including top level sporting events. It comes with a full basement with high ceilings used for storage, offices and boardroom. This space could be developed in the future.

Sales: Gross sales: $1,300,000 per year

Size in sq. ft. 6,500 sq. ft. on main; plus full basement

No. of Seats: Licensed for 297 but actual 220

Number of parking stalls:30 – 40 plus 10 – 15 elsewhere on site; plus on-street

Financing: Treat as clear title

Style of cuisine: Casual dining; pub food; full menu

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

Type of service: Table

Hours of operation:

11 am – 11 pm on weekdays; 11 am – midnight on weekends

Number of employees: 30 with a mix of full-time and part-time

LEASING INFORMATION:

Rate per month; base rent $12,000 plus CAM and GST so gross monthly rent approx. $18,000
C.A.M. Included in above monthly amount
Lease Term: Goes to September 2027 Option periods: One 5-year option
Deposit held by Lessor: $15,000 (to be verified)