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1050 – Tandoori Palace East Indian Restaurant – $129,000

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Tandoori Palace is a popular East Indian restaurant known for its excellent food.  Located in unit 2102 Glenmore Court at 2742 Glenmore Trail SE, this restaurant is close to a busy hotel with excellent exposure. Surrounded by residential neighborhoods. Comes with full kitchen, lots of parking, male & female washrooms. You can keep the concept of change it to one of your choice. Don’t miss this great opportunity as it’s priced right!

Sales: Gross sales: $20,000 – $25,000 per month

Size in sq. ft. 2,121 sq. ft.

No. of Seats: 80

Number of parking stalls: Lots of parking

Financing: Treat as clear title

Style of cuisine: Casual dining; East Indian cuisine

Customer Demographics: Wide range of ages; business people; locals; guests from hotel

Type of service: Table

Hours of operation:

Lunch on Monday to Friday 11:30 am – 2 am

Dinner 7 days a week 5 pm – 9 pm

Number of Employees– to be confirmed

Leasing information:

Rate per sq. ft.

$5010.86 per month for rent; CAM and GST

2 years at $21/sq.ft.; 2 years @ $23/sq.ft.; $25/sq. ft. for 1 year

C.A.M. Included in above monthly amount

Lease Term: 5 years            Option periods: One 5-year option
Deposit held by Lessor: To be verified


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