1011 – Large Sports Bar & Entertainment Center – $1,500,000
This is one of the largest entertainment spaces in Calgary. It’s located in one of the busiest areas in the City! Has 4 VLTs. The facility has just been totally renovated. Too many highlights to list – must be seen!
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Gross sales: Estimated to be $3,200,000 for the year
Size in sq. ft.: 15,000 sq. ft.
No. of Seats: 1,000 approximately
Number of Parking Stalls: First-come, first-served basis in shopping center lot
Style of cuisine: Sports bar type menu – full meals and snacks
Customer Demographics: Wide range of ages; sports fans; business people; corporate and special events clients
Type of Service: Table
Hours of operation:
11 am – close (around midnight); close at 2 am on weekends
Number of Employees: 60 – mixed full-time and part-time
Rate per sq. ft.: $20 to August 2023; $23.00 to August 2028
C.A.M.: Approx. $12.40 per sq. ft.
Lease Term: 10 years – until August 2028
Deposit held by Lessor: To be verified
Financing: Treat as clear title