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# 1063 – Well-Known Diner $149,900


    This diner is an icon in Calgary. It has always rated in the top 3 in the City. Once Covid is over, this diner will be overflowing with business once again. A new lease will be negotiated with the Landlord who has appreciated having this restaurant as a Tenant for a long time.

Sales: Gross sales: Prior to covid, sales for 2019 were $2.3M

Size in sq. ft.  4,500 sq. ft.

No. of Seats: 176

Number of parking stalls:  Lots of parking

Financing: Treat as clear title

Style of cuisine:  Full diner menu; all day breakfast

Customer Demographics:  Lots of regulars

Type of service: Table

Hours of operation:
A new owner can decide the hours of operation

Number of employees: 40 – mixed full-time and part-time

Leasing information:

Rate per sq. ft. $14,000 per month plus utilities

C.A.M. Included in above monthly amount

Lease Term:  Expires in July 2021. Will be re-negotiated with Landlord.         Option periods: Yes
Deposit held by Lessor:  To be verified

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