Chris Doehner | 1007 – Large Edmonton Sports Bar – $650,000

 

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1007 – Large Edmonton Sports Bar – $650,000

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1007 – Large Edmonton Sports Bar – $650,000

This is a well-known, leading sports bar & restaurant chain. Famous for their ambience, wings and attention to customer service. It’s located in a busy part of town, not far from the West Edmonton Mall. The restaurant had many recent upgrades ($1.8M investment). Opportunities to acquire a space like this are RARE. It is 10 out of 10 – truly a gem!

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business Information

Gross sales: $1.6M projected for 2018
Size in sq. ft.: 5,103.5  sq. ft. (plus storage and patio)
No. of Seats: 180 plus 60 on patio
Number of Parking Stalls: Lots of parking in shopping center lot
Style of cuisine: Pub food; snacks
Customer Demographics: Wide range of ages; business people; locals; lots of regulars
Type of Service: Table
Hours of Operation: 11 am – midnight
Number of Employees: 52 – mixed full-time and part-time

Leasing information:

Rate per sq. ft.:  $27 per sq. ft. currently; increases to $28 in 2020
C.A.M.: $8.76
Lease Term: 10 years commenced September 2013
Option Periods: Two 5-year options
Deposit held by Lessor: To be verified
Financing: Treat as clear title

Please contact Chris for any questions or to set up a showing.