1010 - West-end Irish Pub – $449,000
Serving the growing west end of Calgary, this is one of the most stunning pubs in the City. Features include beautiful carved wood and stained glass, an eye-catching glassed-in harp at the front entrance, a hand-carved bar that’s exquisite! Located in a very busy shopping area with tons of parking. Owner is retiring. Great opportunity to buy a well-established pub business!
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: $2,000,000 per year
Size in sq. ft.: 6,632 sq. ft.
No. of Seats: 238 plus patio
Number of Parking Stalls: First-come, first-served with lots of parking
Style of cuisine: Casual dining; pub fare; snacks
Customer Demographics: Strong local following from residents in surrounding neighbourhoods; lots of regulars
Type of Service: Table
Hours of operation:
Monday to Thursday 11:30 am – 1 am; Friday 11 am – 2 am;
Saturday 9 am – 2 am; Sundays 9 am – midnight
Number of Employees: 28 – with 70% full-time
Rate per sq. ft. $31.50 per sq. ft.
Present rate goes to May 31, 2019.
Rate then increases to $35 to May 31, 2022
Next step is to $36 to May 31, 2023; Last year is $37 to May 31, 2024
Option periods: One 5-year option after May 31, 2024
Deposit held by Lessor: None at present; to be negotiated with the new owner
Financing: Treat as clear title