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915 – Neighborhood Pub & Restaurant – $139,900

Fried Chicken
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This is a popular neighborhood pub and restaurant in a growing community south of Calgary. The lounge has 3 VLTs. The facility is in great shape and is very clean. Ideal business for husband/wife team or partnership.

Sales: Gross sales: $146,681 from food and beverage sales; $40,700 from VLT machines; $3,000 from ATM

Size in sq. ft. 2,398 sq. ft.

No. of Seats: 30 in restaurant; 45 in lounge

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

Financing: Treat as clear title

Style of cuisine: Casual dining; pub food; fish & chips; seafood; wings

Customer Demographics: Wide range of ages as families are allowed; lots of regulars

Type of service: Table

Hours of operation:
11 am – 10 pm Monday through Thursday; 11 am – 2 am on Friday;

4 pm – 2 am on Saturday; closed on Sundays

Number of employees: 2 owners plus part-time as required

Leasing information:

Rate per sq. ft. $16 per sq. ft. for the first 3 years; then $17 per sq. ft. for the last two years of the term.
C.A.M. $3.50 per sq. ft.
Lease Term: 1.5 years left             Option periods: One 5-year option
Deposit held by Lessor: 1 month


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