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1003 – Family Restaurant with Great Reputation – $139,900

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An established local business inside a quaint and characteristic building with a huge outdoor patio. This restaurant is still in its growth stage and has a fantastic five star reputation and has won multiple awards. Exceptionally clean and very well laid out. The building was completely renovated 4 years ago and included all new furniture and a brand new commercial kitchen. Must be viewed to appreciate.

Could be changed to any concept or kept the same. Please note the name and logo are not included in the sale. Option to also purchase the Land and Building.

Sales: Gross sales: $327,000 per year

Size in sq. ft. 1,100 sq. ft. of usable square footage plus a very large patio

No. of Seats: 24 inside and 24 outside

Number of parking stalls: 6 in back plus ample on-street

Financing: Treat as clear title

Style of cuisine: Casual dining; specializing in fish and chips

Customer Demographics: Wide range of ages; business people; locals; families; seniors

Type of service: Table

Hours of operation:
Tuesday – Sunday 11:30 am – 2 pm for lunch; then 4:30 pm – 8 pm for dinner

Number of employees: 11 – with 2 full-time and 9 part-time

Leasing information:

Rate per sq. ft. New 5-year lease to be negotiated
C.A.M. To be verified
Lease Term: 5 years              Option periods: One 5-year option
Deposit held by Lessor: To be determined

 


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