Business Acquisitions & Commercial Real Estate
Lottery net of $133K in 2017
Popular bar and grill which is located in an extremely busy strip mall on one of Salem busiest streets. This location has 2000 square feet, full OLCC license, full kitchen (which is not being used), 6 lottery machines which did a net of $133K in 2017. Location has 6 employees including owners. Lease is $2546 per month plus $543 in Cam charges and $92 property management fee. Landlord will make new Buyer a new lease for 5 years starting at $2546 and go up 3% annually. Landlord will also give a 5 year option. Hours of operation are 8:00 a.m. until 2:30 a.m. 7 days per week. This is an excellent opportunity as this location is turnkey and making money! Please do not contact employees or patrons.
All buyers will be asked to verify liquid funds before receiving financial information on business. No SBA financing. Please do not contact Seller, patrons or employees.
|PRICE: $155K Down: $60K|
|Sq. Ft: 2000||Lease: $3181.00||OLCC: FOP|
|Property: No||Lottery: Yes||SALEM|
BOTTOMS UP BAR & GRILL