1193 – Calgary’s Restaurant Row!

$ 159,000

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Located in Calgary’s premier entertainment district on 17th Avenue SW, this restaurant is a totally renovated space which shows beautifully! It features an open-concept kitchen. They offer expertly crafted cocktails and a modern menu inspired by flavours across the Commonwealth and Europe. Outdoor patio on the sunny side of popular 17th Avenue SW.

Sales: Gross sales: $785,000 per year

Size in sq. ft. 1,792 sq. ft. on main; plus 2,200 sq. ft. downstairs

No. of Seats: 60 inside; 19 front patio; 16 street patio; 8 side patio

Number of parking stalls: First-come, first-served basis in back plus on-street

Financing: Treat as clear title

Style of cuisine: European cuisine and cocktails

Customer Demographics: Ages 25 – 55 on average

Type of service: Table

Hours of operation: 4 pm – 11 pm on Wednesday & Thursday
4 pm – 2 am on Friday and Saturday; Sunday noon – 11 pm
Closed on Monday & Tuesday

Number of employees: 2 full-time and 10 part-time

LEASING INFORMATION:

Rate per month: gross monthly rent approx. $11,800 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: New base rate February 2025 – Jan. 2030 Option periods: One 5-year option
Deposit held by Lessor: $4,451