# 1160 Quick Service Restaurant -Major Price Reduction!

$ 175,000

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PRICE REDUCED! This immaculate, well-located restaurant, adjacent to 17th Ave. SW, features breakfast and lunch with 3 meals a day on weekends. Mainly take out although there is seating for 26 plus 12 on patio. The concept can be changed to whatever a new owner wishes. Only 2 years old and the equipment is top cabin. It’s surrounded by apartments and condos and a large high school. Ideal for any franchise or independent who wants a Quick Service restaurant. Lots of take-out deliveries. Bring your ideas to this fabulous space!

Sales: Gross sales: $26,000 – $28,000 per month

Size in sq. ft. 1,355 sq. ft.

No. of Seats: 26 inside and 12 on patio

Financing: Treat as clear title

Style of cuisine: Casual dining; quick service breakfast and lunch

Customer Demographics: Wide range of ages; business people; locals; high school students

Type of service: Counter

Hours of operation:

Sunday – Wednesday 8:30 am – 3 pm

Thursday – Saturday 8:30 am – 7 pm

Number of employees: 5 – including 1 partner/owner plus 4 part-time

 

Leasing information:

Rate per sq. ft. $50 per sq. ft.; base rent. $9,366 per month for rent, CAM and GST
C.A.M. Included in above monthly amount
Lease Term: 8 years left             Option periods: Two 5-year options
Deposit held by Lessor: 2 months