# 1194 – PRICE REDUCED! Fully Renovated Restaurant with Parking!
$ 199,900
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PRICE HAS BEEN REDUCED TO $199,900! This restaurant has been fully renovated and shows extremely well. It’s located on one of Calgary’s “restaurant rows” at 1324 – 17th Avenue SW. Great parking which is a bonus for 17th Avenue! Popular south-facing patio to enjoy in the warmer weather. The current concept could be changed to anything a new owner wishes.
Sales: Gross sales: $45,000 – $50,000 per month
Size in sq. ft. 3,344 sq. ft.
No. of Seats: 96 plus 40 on patio
Number of parking stalls: 14 parking stalls in back; plus on-street parking
Financing: Treat as clear title
Style of cuisine: Casual dining; concept and menu can be changed to anything a new owner wishes
Customer Demographics: Mixed ages; out of town visitors
Type of service: Table
Hours of operation:
Friday, Sat. & Sun. noon – midnight
Wednesday noon – 10 pm; Tuesday 4 pm – 10 pm
Number of employees: 7 – with 3 part-time and 4 part-time
LEASING INFORMATION:
Rate per sq. ft. $31 per sq. ft.; gross monthly rent approx. $13,073 which includes rent, CAM and GST and ALL UTILITIES!!
C.A.M. Included in above monthly amount
Lease Term: 8 years left Option periods: Two 5-year options
Deposit held by Lessor: $25,854