1022 - Restaurant on 17th Avenue SW – $199,000
This is a well-located space with lots of parking on 17th Avenue SW. The concept can be changed or kept as-is. Comes with full-kitchen. There’s additional space on the 2nd floor which could be used. Patio facing 17th Avenue. Good lease rate – especially for 17th Ave. SW!
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: $600,000 per year
Size in sq. ft.: 4,500 sq. ft.
No. of Seats: Licensed for 92; actual 83
Number of Parking Stalls: Paved lot with 25 parking spaces
Style of cuisine: Casual dining; specializing in custom burgers; comfort food
Customer Demographics: Diverse customer base; business people; locals; walk-by traffic
Type of service: Table
Hours of Operation:
Sunday to Wednesday 11 am – 9 pm
Thursday, Friday & Saturday 11 am – 11 pm
Number of Employees: 12 - with 4 full-time and 8 part-time
Rate per sq. ft.: Gross monthly rent approx. $8,400 which includes rent, CAM and GST
C.A.M.: Included in the above monthly amount
Lease Term: June 2021
Option Periods: To be Verified
Deposit held by Lessor: 6 Months
Financing: Treat as clear title