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923 – Popular Restaurant in Banff – $689,000

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This is a very successful and profitable restaurant in Banff. They have many regular customers who are locals and visitors alike. Great reputation which has been voted one of the top restaurants in Banff for the past 5 years. It’s fully licensed. Please note that this is a Share Sale only.

Sales: Gross sales: $1.4M per year

Size in sq. ft. 1,518 sq. ft.

No. of Seats: 58 plus 15 on patio

Number of parking stalls: On-street parking

Financing: Treat as clear title

Style of cuisine: Casual dining with full menu

Customer Demographics: Wide range of ages; business people; locals; lots of regulars

Type of service: Table

Hours of operation:
11:30 am – close

7 days a week

Number of employees: Summer peak period 25 with 5 full-time and the balance part-time; less in the winter season

Leasing information:

Rate per sq. ft. To be verified
C.A.M. To be verified
Lease Term: Lease renewal just negotiated commencing March 1, 2018 – February 28, 2023

Option periods: One 5-year option
Deposit held by Lessor: 4 months


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