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1055 Great Pub in South Calgary – BLOW OUT AT $99,900

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This is a newly re-branded pub which is continuing the success of a major brand restaurant previously in the space. The location provides very high traffic and exposure by the door as it fronts on to Macleod Trail. Well-priced and a low lease rate for the area! The facility is fully-equipped and in great shape – ready for a new operator!

Sales: Gross sales: $1.2M projected for the year

Size in sq. ft. 4,617 sq. ft.

No. of Seats: 200 plus 70 on patio

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

Financing: Treat as clear title

Style of cuisine: Pub food; snacks; casual dining

Customer Demographics: Residents from surrounding neighborhoods; hotel guests; lots of regulars

Type of service: Table

Hours of operation:
11 am – 2 am

Number of employees: 20 – mixed full-time and part-time

Leasing information

Stepped rate at $25 for years 1 & 2; $26 for years 3 & 4;

$27 for years 5 & 6; $28 for years 7 & 8; $29 for years 9 & 10.

Monthly gross rent is $17,274 per month.

C.A.M.   $7.29 per sq. ft. for op costs and $9.31 per sq. ft. for taxes

Lease Term:  New 10-year lease            Option periods: Two 5-year options

Deposit held by Lessor: 1 month


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