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