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971 – Waterfront Bar & Grill – PRICE REDUCED TO $499,000

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This iconic establishment is just 30 minutes from downtown
Calgary. This venue was established in 1979 as the only hospitality lakefront location.
It’s a profitable business and comes with 3 VLTs. Parking includes boat slips as patrons arrive by water as well as land! There’s room for growth in the rapidly growing affluent local market. A new owner can “tweak” the operation and offerings as they see fit as there aren’t any franchise rules or rigid corporate landlords. Check out www.docksidebarandgrill.com to see photos of this beautiful facility!

PLEASE NOTE THAT THE LAND & BUILDING ARE ALSO FOR SALE!

Sales: Gross sales: 2017 – $1.8m

Size in sq. ft. 4,700 sq. ft. plus large lakefront patio

No. of Seats: 190 capacity plus 56 seat patio

Number of parking stalls: 98 stalls shared

Financing: Treat as clear title

Style of cuisine: Casual dining; pub fare

Customer Demographics: Lots of locals as this neighborhood pub has a history of 40 years in operation; visitors to the lake and also highway traffic.

Type of service: Table

Hours of operation:

11 am – 10 pm Sunday – Tuesday
11 am – midnight Wednesday and Thursday
11 am – 2 am on Friday and Saturday

Number of employees: 19 – with approx. 6 full-time and 13 part-time with season variances.

Leasing information:

Rate per sq. ft. $34 per sq. ft.
C.A.M. Approx. $4.50 per sq. ft.
Lease Term: To be negotiated. The Vendor is the Landlord.
Deposit held by Lessor: To be negotiated.


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