971 - Waterfront Bar & Grill - $499,000
This is an iconic establishment is just 30 minutes from downtown Calgary. This venue was established in 1979 as the only hospitality lakefront location. It’s a profitable business and comes with 3 VLTs. Parking includes boat slips as patrons arrive by water as well as land! There’s room for growth in the rapidly growing affluent local market. A new owner can “tweak” the operation and offerings as they see fit as there aren’t any franchise rules or rigid corporate landlords. Check out www.docksidebarandgrill.com to see photos of this beautiful facility!
Owner is open to selling Land and Building as well.
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: 2017 - $1.8M
Size in sq. ft.: 4,700 sq. ft. on main level with large, lakefront patio
No. of Seats: 190 capacity; 56 seats on patio
Number of Parking Stalls: 98 stalls, shared
Style of cuisine: Pub fare
Customer Demographics: Lots of locals as this neighbourhood pub has a history of 40 years in operation; visitors to the lake and also highway traffic.
Type of service: Table
Hours of operation:
11 am – 10 pm Sunday – Tuesday
11 am – midnight Wednesday and Thursday
11 am – 2 am on Friday and Saturday
Number of employees: Approximately 19 with 6 full-time and 13 part-time with seasonal variances
Rate per sq. ft.: $34 per sq. ft.
C.A.M.: Approx. $4.50 per sq. ft.
Lease Term: Vendor is Landlord; Lease Term negotiable
Deposit held by Lessor: To be negotiated
Financing: Treat as clear title