Chris Doehner | 1048 – Well Located NW Restaurant – $269,000

 

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1048 – Well Located NW Restaurant – $269,000

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1048 – Well Located NW Restaurant – $269,000

This is a well-located restaurant in the NW. The asking price includes all the FF&E (furniture, fixtures and equipment). The name and concept must be changed. It has an outstanding kitchen and patio. A new owner could add dinner service to increase sales and bottom line.

Great opportunity to bring your concept and your marketing ideas to this space which would cost well over $1M to replace!

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

Business information:

Gross Sales: $600,000 per year
Size in sq. ft.: 3,500 sq. ft.
Number of Seats: 120 – 130
Number of Parking Stalls: Lots of parking
Style of cuisine:  Bring your own concept to this casual dining restaurant
Customer Demographics: Wide range of ages; business people; locals; lots of regulars
Type of service: Table
Hours of operation: 
Presently 6 am – 3 pm; 7 days a week;
New owner can choose whatever concept and hours they choose.
Number of employees: 13 – mixed full-time and part-time

Leasing information:

Rate per sq. ft.: Approx. $17,000 per month which includes rent, CAM and GST.
C.A.M.: Included in above monthly amount
Lease Term: 8 years left 
Option Periods: To be verified
Deposit held by Lessor: To be verified
Financing: Treat as clear title

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