Profitable Bar & Grill with Lottery!
Just Listed! Established Bar & Grill that is profitable, well known in the community and has been in business for over 20 years! They are known for the local gathering place to meet friends for a meal, great drinks and to play video poker. This location has a full kitchen with hood system, 2295 square feet, open bar area, full OLCC license with no minors, six lottery machines which did a net of $207k in 2023 and a net of $63k through June of 2024, pool, ATM commissions of $20k, 5 employees and an off-premise owner. Location is run with one employee per shift. Hours of operation are 9:00 a.m. until midnight seven days a week. Lease is $2652 per month with a 3% annual increase expiring in 2030. This location has it all and is turnkey operation! All buyers will be asked to verify funds, credit and sign an NDA. No Broker inquiries please.
Lease
$2652 NNN
Lottery
YES
Employees
5
Down Payment
$100K
Olcc License
FOP
Square Footage
2295
Atm Commissions
$20k
Lease Expiration
2030
Lottery Net 2023
$207k
Property Included
No
Years In Business
over 20
Hours Of Operation
9:00 a.m. until midnight seven days a week
Lottery Net Ytd 2024
$63k
Lease Annual Increase
3%
Financials
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