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1113 – Iconic Pub – ONLY $349,000

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This is a historic, iconic pub which has been established in Calgary for many years. Very loyal clientele. Great rent and Lease has a new 5-year term with a 5-year option. Pre-covid sales $2.2M. This pub is ready for the energy of a new owner and comes with a fabulous ambiance and a great asking price!

Sales: Gross sales: Pre-Covid 2020 – $2.2M

Size in sq. ft. 6,735 sq. ft.

No. of Seats: 336 seats inside and 140 on patio

Number of parking stalls:  26 plus on-street

Financing: Treat as clear title

Style of cuisine: Pub food; western menu

Customer Demographics: Locals living in area;  business people; walk-by traffic;  lots of regulars

Type of service: Table

Hours of operation:
11 am – 1 am; 7 days a week

Number of employees:  35 with 12 full-time and the balance part-time

Leasing information:

Rate per sq. ft. $12,438 for monthly rent and GST
C.A.M. $12,600 per month (mainly property taxes)
Lease Term: New 5-year lease just commenced; ends Sept. 2027

Option periods: One 5-year option
Deposit held by Lessor: Nil as the Tenants are very long-term.


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