1090 – Profitable Cochrane Restaurant – $185,000
This is a very successful East Indian restaurant serving food on a take-out and delivery basis only. The concept could be changed to anything a new owner wishes. Also, a new owner could have dine-in and patio seating if desired. Photos are available. Very well-equipped with full kitchen and basement storage. Great Landlord and rent!
Sales: Gross sales: 2020 – $187,708; 2021 – $249,969
Size in sq. ft. 1,100 sq. ft.
No. of Seats: 32 inside and 32 outside
Number of parking stalls: 10
Financing: Treat as clear title
Style of cuisine: Serving Indian food on a take-out and delivery basis at present
Customer Demographics: Wide range of ages; locals; lots of regulars
Type of service: Take-out and delivery
Hours of operation:
4 pm – 9 pm
Number of employees: 2 owners plus part-time if required
Leasing information:
Rate per sq. ft. $2,895 per month, plus GST; Commencing March 1, 2022 – Feb. 28, 2015 it’s $3,195 per month
C.A.M. Included in above monthly amount
Lease Term: Expires February 28, 2025 Option periods: One 5-year option
Deposit held by Lessor: Zero
