1198 – West End Downtown

$ 59,900

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This is a clean 1,500 sq. ft. corner location in a high rise building. Surrounded by apartments & condos. Wired and room for a pizza oven. Washrooms are maintained by building.
Adding supper time hours and weekends would really boost sales. Ready for the energy of a new owner!

Sales: Gross sales: $12,000 per month (has been as high as $40,000 per month)

Size in sq. ft. 1,500 sq. ft. +/-

No. of Seats: 40

Number of parking stalls: 2 underground parking for owner; included n rent

Financing: Treat as clear title

Style of cuisine: Casual dining; Egyptian cuisine; take-out & delivery

Customer Demographics: Wide range of ages; business people; locals in nearby apartments & condos

Type of service: Table

Hours of operation:

8 am – 5 pm; closed on weekends

Number of employees: Was 11 but now 2 part-time plus owner

LEASING INFORMATION:

Rate per month: $5,000 which includes the rent, CAM, GST, all utilities and 2 underground parking spots.
C.A.M. Included in above monthly amount
Lease Term: 8 years left with small incremental increases in rate Option periods: Yes
Deposit held by Lessor: 3 months