Chris Doehner | 1015 – Upscale Diner – OFF MARKET

 

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1015 – Upscale Diner – OFF MARKET

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1015 – Upscale Diner – OFF MARKET

This is an upscale diner in a great location surrounded by retail, offices and industrial warehouses. Lots of traffic by the door. The name will be sold with the business as a clientele has been built up since it opened. There’s potential for a 20 – 30 seat patio on the east side (Landlord has given OK – just needs City approval). Please note that 30% of the offerings are gluten-free. The groundwork has been done on this delightful diner so it’s all ready for the energy of a new owner! Great hours – be home in time for dinner!

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

Business Information

Gross sales: $1.2M in sales projected for 2019
Size in sq. ft.: 2,700 sq. ft.
No. of Seats: 90
Number of Parking Stalls: Lots of parking in the large paved lot
Style of cuisine: Casual dining; diner menu
Customer Demographics: Wide range of ages; business people; shoppers; industrial workers
Type of Service: Table
Hours of Operation: 7 am – 3 pm; 7 days a week
Number of Employees: 14 plus owner  – mixed full-time and part-time

Leasing information:

Rate per sq. ft.: $8,773 per month – fixed for 10 years – for rent, CAM & GST
C.A.M.: Included in above monthly amount
Lease Term: 8.5 years left  of a 10-year term
Option Periods: One 5-year option
Deposit held by Lessor: To be verified
Financing: Treat as clear title

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