1095 Unique Hospitality Facility – $179,000


This hospitality facility is located in the heart of downtown Calgary.
Comes with a great south and west facing patio, with large glass garage doors which bring the outside in! Lots of walk-by traffic. Comes with a large kitchen with 20 ft. canopy (which needs some finishing touches.The rent is unique in that it’s a base rent of $700 per month with a percentage of sales (5% over $20,000 then 10% over $80,000 per month). Great opportunity to bring your concept to this desirable space!
Sales: Gross sales: Average $15,000 per month; been open 5 – 6 months with limited hours
Size in sq. ft. 3,800 sq. ft.
No. of Seats: Capacity is 130 inside and 80 on patio; actual is 80 inside and 40 on patio
Number of parking stalls: 2 stalls
Financing: Treat as clear title
Style of cuisine: Snacks, sandwiches and shareable bites
Customer Demographics: Locals, office workers, visitors
Type of service: Table
Hours of operation:
Opens Tuesday 4 pm – 9 pm; Friday and Saturday 4 pm – 11 pm
Number of employees: 3
Leasing information:
Rate: $700 per month base rent. 0% percentage rent on sales up to $8,000; 10% on sales $8,000 – $20,000 and 5% on sales over $20,000.
C.A.M. Included in above amount
Lease Term: Goes to September 30, 2024 Option periods: Yes – to be verified
Deposit held by Lessor: 1 month