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946 – NW BBQ Restaurant – $119,000

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This well-located restaurant is 9 years old and is ready for a new owner and/or a new concept! It comes with a 6 ft. round canopy with BBQ flat top. It also has walk-in refrigeration and freezer.  Can be changed to any concept except Japanese. The owners spent $750,000 to build out this concept originally. There are a lot of new communities being build around this shopping center and the demographics are excellent!

Sales: Gross sales: To be verified

Size in sq. ft. 3,700 sq. ft.

No. of Seats: 146

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

Financing: Treat as clear title

Style of cuisine: Casual dining; BBQ theme

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

Type of service: Table

Hours of operation:
11 am – 9 pm; 7 days a week

Number of employees: 17 – 3 full-time and 14 part-time

Leasing information:

Rate per sq. ft. $41 per sq. ft.; gross monthly rent approx. $17,740 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: Just under 6 years left             Option periods: No
Deposit held by Lessor: To be confirmed


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