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881 – Breakfast & Lunch Franchise in NW – $449,000

eggs-benedict
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This is a very popular and profitable franchise breakfast and lunch restaurant. Located in a very busy shopping center in NW Calgary. Fast growing communities surround the shopping center. The restaurant is very well-equipped and immaculate. The franchise does NOT have to stay and the concept can be changed to a new owner`s choice. Bring your ideas and energy to this great restaurant. The business is presently not open in the evenings so there`s a great opportunity to boost sales!

Sales: Gross sales: $800,000 per year

Size in sq. ft. 3,800 sq. ft.

No. of Seats: 140 plus 60 on patio

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

Financing: Treat as clear title

Style of cuisine: Casual dining; breakfast and lunch only

Customer Demographics: Wide range of ages; business people; shoppers; families

Type of service: Table

Hours of operation:
6 am – 3 pm

7 days a week

Number of employees: 21 – with 7 full-time and 14 part-time

Leasing information:

Rate per sq. ft. $32 per sq. ft. base rent

C.A.M. $12 – $13
Lease Term: 15 years with 11 years left             Option periods: Two 5-year options
Deposit held by Lessor: 2 months


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