1001 – Popular SW Neighborhood Pub – $490,000
This is a neighbourhood pub with very deep roots in the community. Lots of regulars and still potential for growth. Comes with 6 VLTs. Ready for the energy of a new owner! Step in as the local publican in this very popular neighbourhood pub!
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: $750,000
Size in sq. ft.: 3,799 sq. ft.
No. of Seats: 153
Number of Parking Stalls: Lots of Parking
Style of cuisine: Full menu; pub fare
Customer Demographics: Very strong local regulars
Type of service: Table
Hours of Operation:
11 am - midnight on weekdays
11 am - 1 am on Friday & Saturday
Number of Employees: 15 with 5 full-time and 10 part-time
Rate per sq. ft.: $14,500 per month which includes rent, CAM, GST and Utilities.
C.A.M.: Included the in above monthly amount
Lease Term: Renewed in 2016 - goes to 2021
Option Periods: One or two 5-year options (to be verified)
Deposit held by Lessor: 1 Month
Financing: Treat as clear title