# 2001 Long Established Restaurant

$ 259,000

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This restaurant has been established for 22 years. The restaurant is immaculate! Lots of regular clientele. Specializes in Europan food. Concept could be
changed to anything a new owner wishes. Lots of parking and large new patio.

Sales: Gross sales: $250,000 – $300,000 per year (open 3 days a week only)

Size in sq. ft. 1180 sq. ft.

No. of Seats: 34 inside and 24 out on patio

Number of parking stalls: Lots of parking in plaza parking lot

Financing: Treat as clear title

Style of cuisine: Casual dining; European menu

Customer Demographics: Many regular clients

Type of service: Table

Hours of operation:

3 days a week (Thursday, Friday & Saturday) with dinner service only

Number of employees: 4 – including 2 owners plus 1 part-time in kitchen and 1 in front of house

LEASING INFORMATION

Base rent: $2,012.50 per month; Gross monthly rent is $3,413.17 including rent, Cam and GST
C.A.M. Included in above monthly amount
Lease Term: 2 years left Option periods: One 5-year option
Deposit held by Lessor: $2,000 +/-