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Details

Jul 25, 2017This local beverage room and food establishment is situated in a ideal location which has provided the current owners with a very stable customer and revenue base. For the aspiring new owner, a terrific area where once could also focus on a delivery menu.

- seating for 125
- total full and part time staffing of 18, including owner. Some very stable and loyal staff.
- aloha POS, camera surveillance, and liquids metering systems

Average revenues for the past 3 years totalling $875k. Revenues generated from multiple sources, including:

- Juke Box
- ATM
- VLTs
- Advertising Posters
- Food and Drink
- Entertainment

Property is owned by the seller, lease agreement to be negotiated. Lease rate has not been taken into the cash flow calculations. You have $147k, before tax, debt, and lease, to work with.
Real Estate

There is a total of 3,215 sft.

- 1.5 storey building (upper level offices and storage)
- new heat exchanger system, efficient energy bills
- C-3 Zoning (General Business)

If interested in acquiring property, seller would consider selling the property.

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