Chris Doehner | 1053 – Neighbourhood Pub $149,900


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1053 – Neighbourhood Pub $149,900

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1053 – Neighbourhood Pub $149,900

This is a gorgeous, well-located pub premises on a busy street with lots of traffic by the door. Lots of local clientele. There are 2 separate areas which offer different configurations for private functions; paint nights; comedy night, Boomer dancing (older crowd) or other activities which have proven to be profitable. Very high level of finishing and attention to detail throughout the facility as over $1.5M was originally spent to build this pub. A stop on the new Green-Line LRT station will be right outside the door!  It’s a pleasure to walk through this beautiful space!

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

Business information:

Gross Sales: $500,000 – $600,000 per year
Size in sq. ft.: 5,009 sq. ft. on two levels
Number of Seats: 150 with 75 in each of two areas
Number of Parking Stalls: 17 dedicated stalls plus on-street and other nearby lot
Style of cuisine: Pub meals and snacks
Customer Demographics: Wide range of ages; locals; lots of regulars; great residential back-drop
Type of service: Table
Hours of operation: 11 am – 2 am; 7 days a week
Number of employees: As required –  mixed full-time and part-time

Leasing information:

Rate per sq. ft.: $20 per sq. ft. or $8,348.33 per month
C.A.M.: $6.50 per sq. ft.
Lease Term: 5 year term; goes to June 26, 2024 
Option Periods: Two 5-year options
Deposit held by Lessor: To be negotiated
Financing: Treat as clear title

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