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1128 – Popular Indian Restaurant – $119,000

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This is a free-standing converted house serving East Indian food on a take-out and delivery basis only. A new owner could have dine-in and patio seating if desired. Photos are available. Very well-equipped with full kitchen and basement storage. Great Landlord and rent! In a community within commuting distance of Calgary!

Sales: Gross sales: $257,000 per year (2022)

Size in sq. ft. 1,100 sq. ft.

No. of Seats: 32 inside and 32 outside

Number of parking stalls: 10 plus on-street

Financing: Treat as clear title

Style of cuisine: East Indian

Customer Demographics: Heavily patronized by locals on a regular basis

Type of service: Take out and delivery only – by owner’s choice. New owner could serve indoor dining.

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

Number of employees: 2 owners and part-time help if required

Leasing information:

Rate per sq. ft. March 1, 2022 – February 2025 it’s $3,195 per month, plus GST
C.A.M. Included in above monthly amount
Lease Term: Expires February 28, 2025         Option periods: One 5-year option
Deposit held by Lessor: Nil

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