# 1152 Restaurant With Tons of Potential!

$ 349,000


This is a well-established restaurant supported by two upscale, high-income communities with no competition. They have many loyal clients who have been coming for years. Many new condos built in the area. It’s a great opportunity to convert to a neighborhood pub or build a restaurant concept of your choice. The restaurant is well-equipped with a great kitchen! Owner retiring and listed at a very fair price!

Sales: Gross sales: $300,000 per year

Size in sq. ft. 3,238 sq. ft. on main; plus patio

No. of Seats: 108 (capacity 134) plus 40 – 50 on patio

Number of parking stalls: Lots of parking

Financing: Treat as clear title

Style of cuisine: Casual dining; western food

Customer Demographics: Wide range of ages; locals; lots of regulars

Type of service: Table

Hours of operation:
11:30 am – 9:30 pm 7 days a wee

Number of employees: 4 including owner


Leasing information:

Rate per sq. ft  Gross monthly rent approx. $13,200 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term:  1year left             Option periods: One 5-year option
Deposit held by Lessor: 3 months