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935 – Restaurant in Crossfield, AB – $34,900

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This is a fully equipped restaurant in the town of Crossfield, AB. It is presently closed, so it’s ready for the ideas of a new owner/operator. Located across from the arena and community center which are used for many events. Opportunity to promote and cater “hot lunch” days at schools in the town along with other ideas for growth. The premises need some work which is reflected in the asking price for the assets and the reasonable lease rate (under $2,000 per month for gross rent). DON’T MISS THIS OPPORTUNITY!

Sales: Gross sales: Restaurant is presently closed

Size in sq. ft. 2,000 sq. ft.

No. of Seats: 60

Number of parking stalls: Lots of parking

Financing: Treat as clear title

Style of cuisine: Casual dining

Customer Demographics:  Locals; farmers, ranchers and acreages in area

Type of service: Table

Hours of operation:
A new owner can determine the hours

Number of employees: A new owner can determine required staffing levels

Leasing information:

Rate per sq. ft. $8.00 per sq. ft.; gross monthly rent $2,000
C.A.M. $2 but included in above monthly amount
Lease Term: New 5-year lease             Option periods: One 5-year option
Deposit held by Lessor: 2 months


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