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1025 – Popular Indian Restaurant – $149,900


This is a popular Indian restaurant in a city with 60,000 people, commuting distance from Calgary. In addition to the restaurant sit-down service, they offer catering and take-out and delivery service. It has been established for 8 years. Great décor and well-maintained kitchen. Continue building the business on the base established by the original owners!

Sales: Gross sales: $40,000 – $50,000 per month

Size in sq. ft. 3,200 sq. ft.

No. of Seats: 80 actual; licensed for 140

Number of parking stalls: Lots of parking in shopping center lot

Financing: Treat as clear title

Style of cuisine: Casual dining; East Indian cuisine

Customer Demographics: Wide range of ages; business people; locals; higher income

Type of service: Table

Hours of operation:

11:30 am –   9 pm on Monday, Tuesday, Wednesday & Thursday

11:30 am – 10 pm on Friday and Saturday;

11:30 am  –   9 pm on Sundays

Number of employees: 7 – with 1 full-time and 6 part-time

Leasing information:

Rate per sq. ft. $24 per sq. ft. or $9,600 per month for rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 1 year left             Option periods: One 5-year option
Deposit held by Lessor: 1 month


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