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891 – NW Calgary Restaurant – $174,900

Indian Appetizers
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This is a full-service restaurant located in a busy office building in Royal Oak. The building houses a very active office of “Service Canada” which looks after EI, CPP, OAS and other government services. Lots of business from surrounding offices and shoppers in area. The restaurant is new, clean and shows very well. There’s glass down two sides of the walls. Male & female washrooms. Could be converted to any other concept a new owner wishes to bring.     

Sales: Gross sales: $240,000 average per year

Size in sq. ft. 1,200 sq. ft.

No. of Seats: 35

Number of parking stalls: Lots of parking in large lot

Financing: Treat as clear title

Style of cuisine: Casual dining; East Indian Cuisine

Customer Demographics: Wide range of ages; business people; locals from surrounding neighborhoods

Type of service: Table

Hours of operation:
Monday to Saturday 10 am – 8 pm

Closed on Sundays

Number of employees: 3 – with two full-time and one part-time

Leasing information:

Rate per sq. ft. $4,800 per month which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 10 year lease with 7 years left             Option periods: One 5-year option
Deposit held by Lessor: To be confirmed


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