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# 1071 – Iconic NW Pub – REDUCED TO $527,000

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This is a very popular and profitable pub in the coveted NW quadrant of Calgary. Shows very well! It is in a high exposure location with a very  large outdoor patio. The demographics of the area are high-income neighborhoods. It cost twice as much to build as the present asking price!! It’s well-established with a great reputation!

Sales: Gross sales: 2019 Sales were $1.9M; 2020 Sales were $1.5M (due to Covid closures)

Size in sq. ft. 4,700 sq. ft. plus large patio

No. of Seats: 176 plus 56 on patio

Number of parking stalls: First-come, first-served basis; lots of parking in shopping center lot

Financing: Treat as clear title

Style of cuisine: Casual dining; pub food

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

Type of service: Table

Hours of operation: 

Usually 11 am – 11 pm but may vary with Covid

Sundays 11 am – 10 pm

Number of employees: 25 with a mix of full and part-time

Leasing information:

Rate per sq. ft.   Lease rate to be confirmed.
C.A.M. To be confirmed.
Lease Term:   2.5 years left             Option periods: Two 5-year options
Deposit held by Lessor:  To be verified


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