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# 778 – FREE RESTAURANT – COMMENCE A NEW 5 YEAR LEASE!

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It shares the parking lot and is part of the Wingate Hotel property. No purchase price and the facility comes with all the furniture, fixtures and equipment necessary to start up a new business. It’s in fantastic shape and just requiring the energy and ideas of a new team! DON’T MISS THIS OPPORTUNITY!

Sales: Gross sales: Have been as high as $2M+ per year
Size in sq. ft. 6,948 sq. ft.
No. of Seats:  160 plus 70 in banquet room and 50 on patio (with capacity for 100)
Number of parking stalls: Lots of parking in hotel and restaurant lot

Style of cuisine: Cuisine needs to meet the needs of hotel guests as well as other visitors
Customer Demographics: Should be a destination restaurant; hotel guests as well as other visitors
Type of service: Table
Hours of operation:
To be determined by new Tenant
Number of employees: As required by Tenant

Leasing information:

Rate per sq. ft. $35 per sq. ft. Landlord willing to start with a lower rate and step-up over the term of the lease.
C.A.M.  Approx. $5,000 per month
Lease Term:  New 5 year Lease       Option periods: One or two  5-year options
Deposit held by Lessor: 2  months

 


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