Chris Doehner | 966 - East Indian Buffet & Catering - OFF MARKET

 

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966 – East Indian Buffet & Catering – OFF MARKET

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966 – East Indian Buffet & Catering - OFF MARKET

This is a popular East Indian Buffet in a high traffic industrial area. They also do lots of catering for their clients. The kitchen is very large with more-than-ample prep, refrigeration and storage so it’s ideal for catering, as well as running the restaurant. Business could be enhanced with the serving of alcohol if a new owner wished. Priced well below replacement value! 

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

Business Information

Gross sales: $400 - $500 per day
Size in sq. ft.: 2,373 sq. ft.
No. of Seats: Licensed for 44; actual slightly higher
Number of parking stalls: Lots of parking
Style of cuisine: East Indian Buffet
Customer Demographics: East Indian/Pakistani
Type of service: Counter
Hours of operation: 
11 am – 3 pm the 6 pm – 9 pm on weekdays
11 am – 10 pm on Friday and Saturday
Noon – 9 pm on Sunday
Number of employees: To be confirmed

Leasing information:

Rate per sq. ft.: $12 per sq. ft. or $3,200 per month for rent, CAM and GST
C.A.M.: $4.40 per sq. ft
Lease Term: Goes to February 2019
Option Periods: One 5-year option
Deposit held by Lessor: Nil
Financing: Treat as clear title 

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