Reflagged 132 guest room to Quality Hotel & Conference centre in November 2021 , Game room 32 VLT Machine, leased out Ricky’s restaurant, Sharks Billiard sports Lounge, 9,000 Sqft meeting space , Ball room accommodating 200 guests, Liquor store, 2 6 bed room staff house .
Ricky’s All Day Grill – Franchise opened July 9, 2022,
LAND SIZE: 3.22Acres
REVENUE: $4,22,944 (2022), 2023 till October : $4,623,679
(Room :$2,347,024,VLT : $1,073,647,Liquor store : $432,209, F&B:$566,298, Other : $204,501)
NOTE : -Owner financing available for the qualified client.
-Will be very profitable by experienced operator .
- Area of Premises: 4,589 square feet
- Minimum Rent: $4,000 plus GST a month
- Percentage Rent Factor: 11% of revenue
- Prepaid Rent: $8,000 plus GST, Applied to 1st and 60th month of rent
- Term: February 21, 2021 to April 30th 2032.
- Options to Renew: two 5 year options to renew at same terms except that there shall be one 5 year option to renew in the first renewal term and no option to renew in the second renewal term. Rent subject to review.