# 1188 Neighborhood Pub with VLTs

$ 349,000

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This is a popular neighborhood pub which is known for Kareoke nights! It was totally gutted and re-built about a year ago so it’s like a brand new pub with new wiring, plumbing, lights etc. Lots of parking! Has 3 VLTs. Great opportunity at the asking price

Sales: Gross sales: $85,000 – $94,000 per month plus $12,000 – $13,000 per month from Skip the Dishes

Size in sq. ft. 3,700+/- sq. ft.

No. of Seats: 105

Number of parking stalls: Lots of parking out front

Financing: Treat as clear title

Style of cuisine: Pub grub and snacks

Customer Demographics:Locals from surrounding communities; average age 25 – 55 years

Type of service: Table

Hours of operation:

7 days a week; 11 am – 11 pm

Number of employees: 6 kitchen staff; 12 in total

LEASING INFORMATION:

Rate per month: Gross monthly rent approx. $12,600 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 4 years left Option periods: Three 5-year options
Deposit held by Lessor: $25,000 plus $9,500 deposit on VLTs