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932 - Distinguished Neighborhood Pub In Upscale Neighborhood On The West-End Of Calgary- $195,000

Great opportunity to be a neighbourhood publican in this upscale area in the SW. Surrounded by high-income demographics. Lots of regulars. Families allowed and affluent, high-quality clientele!

The premises are immaculate in every way. It comes fully equipped including 16 security cameras and a double pizza oven that bakes award-winning pizza!

This professionally run hospitality business has been run with great attention to detail and a passion for great service – it shows excellent and opportunities to acquire an upscale pub like this are rare!

Vendor is motivated - this opportunity will not last long – contact Chris to arrange a showing ASAP!

Business Information

Gross sales: just under $600K annually
Size in sq. ft.: 3262 sq. ft.
No. of Seats: 130
Number of parking stalls: lots of parking
Financing: Treat as clear title
Style of cuisine: aaward-winningPizza, Burgers, Pub cuisine
Customer Demographics: Wide range of ages; lots of regulars; repeat customers. Mature, quality customers and sport fans for NFL/NHL, Dart leagues. Affluent quality clientele!
Type of service: Table
Hours of operation: 11 am – 1 am through the week; 11 am – close on weekends
Number of employees: 3 FT kitchen, 7 servers, plus Owner

Leasing information:

Rate per sq. ft.: $32.50 per sq. ft. until August 31, 2019 then stepped to $34.50 for the balance of the lease. Presently paying $13,700 per month for rent, CAM and GST
Lease Term: 8 years left (until Aug 2024), option to renew 5 yrs
Deposit held by Lessor: $9378