# 1197 Gorgeous Restaurant in Medicine Hat
$ 249,000
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This is a beautiful free-standing restaurant in a busy shopping
center in southeast part of Medicine Hat. The owner spent $1.4M on the interior of the restaurant and
it shows! Totally upgraded as per franchise requirements. Bring your own concept as the owner feels he
can end his franchise commitment. Ideal for any concept as everything you need is there and included.
Large knock-out kitchen with top of the line equipment. Did I mention, it shows REALLY well!
Sales: Gross sales: $20,000 per week
Size in sq. ft.6,100 sq. ft.
No. of Seats: 200 plus 25 on patio
Number of parking stalls: Lots of parking in shopping center lot
Financing: Treat as clear title
Style of cuisine: Ribs and full franchise menu
Customer Demographics: Locals; tourists in the many hotels in area; shoppers
Type of service: Table
Hours of operation:
3 pm – 10 pm; 6 days a week; closed on Mondays
Number of employees: 20 with 4.5 full time and the balance part-time; 1 foreign worker
LEASING INFORMATION:
Rate per MONTH: Gross monthly rent approx. $13,000 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: Goes to 2028 Option periods: To be verified
Deposit held by Lessor: 1 month
