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907 – Neighborhood Bistro – PRICE REDUCED $119,900

Bistro
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This is a delightful bistro located in an upscale, south neighborhood in Calgary.  Presently offers upscale dining but this could be changed to any concept of your choice. South facing patio and lots of parking. This business has won many awards including being voted one of the top 100 “neighborhood gems” in Canada!  Now ready for the energy and ideas of a new owner to continue to grow the business. Please note that the name is NOT included in the sale.

Sales: Gross sales: $16,000 per month ($20,000 per month last year)

Size in sq. ft. 1,900 sq. ft.

No. of Seats: 38 actual but licensed for 50 plus 18 on patio

Number of parking stalls: First-come, first-served basis in shopping plaza lot

Financing: Treat as clear title

Style of cuisine: Casual fine-dining; fusion menu

Customer Demographics: Local residents from surrounding neighborhoods

Type of service: Table

Hours of operation:
11 am – 2 pm for lunch; 7 days a week

5 pm – 8:30 pm for dinner on Tuesdays through Thursdays

5 pm – 9 pm for dinner on Friday and Saturday

Number of employees: 5 – including owner

Leasing information:

Rate per sq. ft. $24 per sq. ft.; gross monthly rent approx. $4,400 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 1.5 years left             Option periods: One 5-year option
Deposit held by Lessor: To be verified


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