Chris Doehner | 1041 – Profitable NW Pub with VLTs – $495,000


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1041 – Profitable NW Pub with VLTs – $495,000

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1041 – Profitable NW Pub with VLTs – $495,000

This is an iconic, state-of-the-art pub with great ambience! Very well-established so lots of regulars. Comes complete with a stage with lights and sound system. Features 7 VLTs. Lots of income sources from games and pool. The pub serves a very large area of captive demographics with no competition. It’s a very profitable operation and won’t last!

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

Business information:

Gross Sales: $1,525,000 per year
Size in sq. ft.: 5,840 sq. ft.
Number of Seats: Licensed for 256; actual 189
Number of Parking Stalls: Lots of parking – parking at the front and at the rear
Style of cuisine: Gastro pub; bar and grill food
Customer Demographics: Locals; lots of regulars
Type of service: Table
Hours of operation: 11 am – 2 am; 7 days a week
Number of employees: 18 – with 50% full-time and 50% part-time

Leasing information:

Rate per sq. ft.: $20 per sq. ft.; gross monthly rent approx. $16,700 which includes rent, CAM and GST.
C.A.M.: $12.60 and Included in above monthly amount
Lease Term: 2 years left 
Option Periods:  One 5-year option
Deposit held by Lessor: – 0 –
Financing: Treat as clear title

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