1158 – Train Dining Car Restaurant!
$ 299,000
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This is a very unique one-of-a-kind restaurant opportunity! It’s a beautiful, fully-restored rail car which offers diners an intimate dining experience. Comes with a “platform” patio and a fresh herb garden for the creative chef! The purchase price includes the rail car and it has a very reasonable land lease with a total term of 20 years. Ideal for a chef or husband and wife team. Menu concept and hours can be changed!
Sales: Gross sales: $320,000 per year
Size in sq. ft. 82′ x 10′
No. of Seats: 32 plus 30 on platform/patio
Number of parking stalls: Lots of parking in the back plus on-street in front of the train
Financing: Treat as clear title
Style of cuisine: Casual dining; full menu for lunch and brunch; presently serving special event dinners. It would be possible to expand to a regular dinner service.
Customer Demographics: Wide range of ages; business people; locals; lots of regulars from High River and surrounding areas.
Type of service: Table service and take-out
Hours of operation: Tuesday to Sunday from 8 am – 3 pm; special event dinners
Number of employees: 12 – mixed full-time and part-time
Leasing information:
Rate per sq. ft .Land lease only which is $351 per month
C.A.M. No CAM but utilities are paid separately
Lease Term: 20 year lease term in 5 year increments with slight increase each 5 years
Deposit held by Lessor: Nil