Trendy & Vibrant Bar with Lotttery!
Just listed! Trendy bar and grill in the heart of Sherwood, known for their great food, drinks and the place to be for sporting events. This popular hotspot features a full kitchen, a dedicated staff, and an enticing lottery setup, making it a favorite among locals. With its vibrant atmosphere and thriving community support, this establishment is a profitable venture for any entrepreneur. The current owner is selling due to commitments to another business, presenting a fantastic opportunity for new ownership to capitalize on its success. Key features: 3660 square feet Seating for 92 inside Outside seating for 28 no liquor service 18 tv’s for sporting events Darts boards and Pool Tables Full kitchen with hood system 6 lottery machines which did a net of $147k in 2024. Lottery net for 2025 through February is $30k Full Olcc license serving no minors Dedicated staff of 8 with an off-premises owner Lease $10,999.20 per month plus $2645 cam charge, expires 5-31-2028 with one 5 yr option Hours of operation are 11:00 a.m. to 1:30 a.m. Monday Thru Thursday, Saturday and Sunday open at 8:00 a.m. Closing Friday and Saturdays at 2:30 a.m. With its recent remodel and all-inclusive features, this location is primed for customization, making it an ideal turnkey operation for any venue. The current staff is well-trained and ready to continue delivering excellent service, allowing you to seamlessly step in and make your mark. The possibilities are endless in this vibrant space, ready for your vision to thrive! All buyers will be asked to verify funds, credit and sign an NDA. No Broker inquiries please.
Olcc
FOP
Lease
$10,199.20
Sq. Ft
3660
Lottery
YES
Property
No
Employees
8
Cam Charge
$2645
Down Payment
$125K
Lease Option
one 5 yr option
Monthly Lease
$10,999.20
Lease Expiration
5-31-2028
Lottery Net 2024
$147k
Hours Of Operation
11:00 a.m. to 1:30 a.m. Monday Thru Thursday, Saturday and Sunday open at 8:00 a.m. Closing Friday and Saturdays at 2:30 a.m.
Lottery Net 2025 (through February)
$30k
Reason for Selling
commitments to another business
Financials
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