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1048 – Well Located NW Restaurant – $269,000

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This is a well-located restaurant in the NW. The asking price includes all the FF&E (furniture, fixtures and equipment). The name and concept must be changed. It has an outstanding kitchen and patio. A new owner could add dinner service to increase sales and bottom line. 

Great opportunity to bring your concept and your marketing ideas to this space which would cost well over $1M to replace!

Sales: Gross sales: $600,000 per year

Size in sq. ft. 3,500 sq. ft.

No. of Seats: 120 – 130

Number of parking stalls:  Lots of parking

Financing: Treat as clear title

Style of cuisine: Bring your own concept to this casual dining restaurant

Customer Demographics: Wide range of ages; business people; locals; lots of regulars

Type of service: Table

Hours of operation:
Presently 6 am – 3 pm; 7 days a week;

New owner can choose whatever concept and hours they choose.

Number of employees: 13 – mixed full-time and part-time

Leasing information:

Rate per sq. ft. Approx. $17,000 per month which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 8 years left             Option periods: To be verified
Deposit held by Lessor: To be verified


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