Chris Doehner | 960 - Popular Restaurant - $169,900

 

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960 - Popular Restaurant - $169,900

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960 - Popular Restaurant - $169,900

This is a lovely, historic, free-standing building on the main street in one of the fastest growing towns in Alberta. The restaurant has an excellent reputation among locals and visitors alike. Upstairs can be booked for private functions. Possible option to buy the building! Ideal for a family business or partnership.  

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

Business Information

Gross sales: $330,000 per year on average
Size in sq. ft.: Approx. 1,684 on two levels (to be confirmed)
No. of Seats: Dining room 35; Upstairs 20; Patio 24
Number of parking stalls: 13 in back; on-street in front
Style of cuisine: Seafood; chicken; salads
Customer Demographics: Locals; tourists; people from Calgary, Canmore & Bragg Creek
Type of service: Table
Hours of operation:
11:30 am – 2 pm  and 4:30 pm – 8 pm for lunch and dinner Tuesday to Friday;
Open all day on Saturday 11:30 am – 8 pm
Sunday 4:30 pm – 8 pm
Number of employees: 6 (1 full-time and 5 part-time) plus 2 owners

Leasing information:

Rate per sq. ft.: $2,400 per month base rent or $3,100 per month gross
C.A.M.: Included in above monthly amount
Lease Term: 1 ½ years left  
Option Periods: One 5-year option (TBV)
Deposit held by Lessor: $2,000
Financing: Treat as clear title 

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