Chris Doehner | 1037 – NW Pub with 9 VLTs – $395,000

 

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1037 – NW Pub with 9 VLTs – $395,000

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1037 – NW Pub with 9 VLTs – $395,000

This is a popular, profitable neighborhood pub with 9 VLTs and featuring darts, 2 pool tables and 1 Foosball table. It’s well established in the community with lots of regular clientele. VLTs are very profitable for the owner. The pub has recently been partially renovated. Good opportunity to step right in and take over this thriving facility!

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business information:

Gross Sales: $750,000 per year for food & beverage; $90,000 from VLTs
Size in sq. ft.: 3,499 sq. ft.
Number of Seats: 147
Number of Parking Stalls: First-come, first-served basis in shopping center
Style of cuisine: Pub food and snacks
Customer Demographics: Local residents from surrounding neighborhoods; lots of regulars
Type of service: Table
Hours of operation:
Sunday to Thursday 11 am – midnight
Friday and Saturday 11 am – 2 am
Number of employees:  On average 12 staff – with 3 in the back –  mixed full-time and part-time

Leasing information:

Rate per sq. ft.$27 per sq. ft.; gross monthly rent approx. $11,400 which includes rent, CAM and GST.
C.A.M.: Included in above monthly amount
Lease Term: Until 2021
Option Periods:  One 5-year option
Deposit held by Lessor: To be verified
Financing: Treat as clear title

Please contact Chris for any questions or to set up a showing.