1089 – Popular 17th Avenue SW – $119,000
This is a well-exposed facility on high-energy 17th Avenue SW. It comes with full kitchen with canopy, male & female washrooms and a well-equipped bar. Concept could be easily changed to a new owner’s choice.
Sales: Gross sales: $30,000 – $35,000 per month
Size in sq. ft. 2,030 sq. ft.
No. of Seats: 60 inside and 40 outside
Number of parking stalls: 1 stall in the back after 5:30 pm
Financing: Treat as clear title
Style of cuisine: Casual dining; tapas and paella are featured
Customer Demographics: Wide range of ages; business people; locals from surrounding condos and apartments
Type of service: Table
Hours of operation:
Monday closed; Tuesday – Thursday 4:30 – 10 pm
Saturday – noon to midnight; Sunday noon to 9 pm
Number of employees: 8 – part-time
Leasing information:
Rate per sq. ft. Base rent $7,094.50; Op costs $1,021.95; Property Taxes $1,935.22 Total monthly rent $10,051.67
C.A.M. Included in above amount
Lease Term: Month to month
Deposit held by Lessor: To be verified
