Established Sports Bar & Grill with Lottery
Just Listed! Established Sports Bar which has been a staple in the community for 32 years and popular with all the locals. They are known for their welcoming atmosphere, delicious food, and great cocktails. Location has 2780 sq ft, seating for 102, full kitchen with full hood system, Full Olcc license which allows minors on one side of the premise, all equipment is owned and included in sale, there are 6 Lottery machines that did a net of $166K in 2022 and a net of over $170k in 2023, 16 employees and is a turnkey operation. The Lease is $8525.39 per month with a 3% annual increase not including triple net charges. Total rent with CAM charges is $9712.47. There are two additional five-year options. The hours of operation are Monday through Friday 11:00 a.m. until midnight and Saturday and Sunday 8:00 a.m. until midnight. This business has had a long history of success and has potential to make additional income by extending business hours until 2:30 a.m. and opening earlier during the week. All Buyers will be asked to verify funds and credit.
Olcc
FOP
Lease
$8525.39
Sq. Ft
2780
Lottery
YES
Property
NO
Employees
16
Lottery Net 2022
$166K
Lottery Net 2023
over $170k
Total Rent With Cam
$9712.47
Financials
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