Chris Doehner | 1058 – Iconic Free-Standing Pub/Restaurant – $189,900

 

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1058 – Iconic Free-Standing Pub/Restaurant – $189,900

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1058 – Iconic Free-Standing Pub/Restaurant – $189,900

This is a wonderful, well-known free-standing building in the heart of downtown Calgary. Great reputation and a centerpiece for folk festivals, Canada Day ceremonies, Stampede activities and Taste of Calgary. It could be re-branded to any concept a new owner desires. Fully equipped and ready to take on the energy of a new owner. One-of-a-kind facility and business!

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

Business information:

Gross Sales: $2M per year
Size in sq. ft.:
 4,750 sq. ft. on 2 levels
Number of Seats: 189 inside plus 250 on 3 patios
Number of Parking Stalls: First-come, first-served in area; lots of parking
Style of cuisine: Casual dining; western food
Customer Demographics: Wide range of ages; downtown business people; tourists; active people walking and biking along the river
Type of service: Table
Hours of operation: 11 am – 11 pm; 7 days a week
Number of employees: 25 – which increases to 50 in summer months

Leasing information:

Rate per sq. ft.: 7% percentage rent
C.A.M.: Included in above percentage rent
Lease Term: Goes to December 31, 2020
Option Periods: NIL
Deposit held by Lessor: To be verified
Financing: Treat as clear title

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