1117 – Restaurant in Trendy Area – $199,000


This restaurant is located in a very trendy, popular hospitality hotspot in Calgary! Lots of walk-by traffic as it’s on the sunny side of the street! Has a unique, yet very functional, lay out, which is immaculate. Fully equipped kitchen with canopy and lots of refrigeration.Male & female washrooms. Comes with parking in the back and on-street. Concept can be changed to a new owner’s choice!
Sales: Gross sales: $800,000 per year
Size in sq. ft.2,400sq. ft.
No. of Seats: 78
Number of parking stalls: 3 plus on-street
Financing: Treat as clear title
Style of cuisine: Casual dining; Korean fusion
Customer Demographics: Locals in residential area; walk-by traffic; shoppers
Type of service: Table
Hours of operation:
Closed on Sunday and Monday.
11 am – 10 pm on Tuesday & Wednesday
11 am – 11 pm on Thursday, Friday and Saturday
Number of employees: 12 – with 6 full-time and 6 part-time
Leasing information:
Rate per month: $7,000 per month for base rent
C.A.M.$13 per sq. ft.
Lease Term: March 2022 – 2027 Option periods: One 5-year option
Deposit held by Lessor: To be verified