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1131 – Gorgeous Restaurant in Lethbridge – NOW ONLY $529,000


This is a very well-known restaurant. The store is  immaculate. All new equipment and leaseholds. Would cost twice the asking price to replace. Rent, CAM and GST are less than $10,000 per month. Located on a main traffic artery with lots of parking.

Great opportunity for owner/operator!

Sales: Gross sales: $1.8M – $2m estimated for this year

Size in sq. ft. 3,000 sq. ft.

No. of Seats: 95 seats plus 20 on patio

Number of parking stalls: Lots of parking

Financing: Treat as clear title

Style of cuisine: European style cuisine

Customer Demographics: Wide variety of customers

Type of service: Table and counter service

Hours of operation:
10 am – 9 pm on Saturdays and Sundays

11 am – 9 pm on Mondays through Friday

Number of employees: 30 – 40 with 6 full-time and the rest part-time

Leasing information:

Years 1 – 5 at $30 per sq. ft. or $90,000 per year

 (rent, CAM & GST  under $10,000/month)

Years 6 – 10 at $32 per sq. ft. or $92,000 per year

C.A.M.$2,600 per month

Lease Term: 10 years with 7 years left             Option periods: Two 5-year options

Deposit held by Lessor: $7,500 approximately

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