Chris Doehner | 935 - Michelle’s Place, 901 Mountain Avenue, Crossfield, AB - $34,900

 

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Michelle’s Place - $34,900

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935 - Michelle’s Place, 901 Mountain Avenue, Crossfield, AB - $34,900

This is a fully equipped restaurant in the town of Crossfield, AB. It is presently closed so it’s open to the ideas of a new owner/operator. Located across from the arena and community centre which are used for many events. Opportunity to promote and cater “hot lunch” days at schools in the town along with other ideas for growth. The premises need some work which is reflected in the asking price for the assets and the reasonable lease rate (under $2,000 per month for gross rent). DON’T MISS THIS OPPORTUNITY!

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

Business Information

Gross sales:  Restaurant is presently closed
Size in sq. ft.:  2,000 sq ft.
No. of Seats: 60
Number of parking stalls: Lots of parking
Financing: Treat as clear title
Style of cuisine:  Any concept will be considered by Landlord
Customer Demographics: Locals; farms, ranches and acreages in area
Type of service: Table
Hours of operation: A new owner can determine hours
Number of employees: A new owner can determine required staffing

Leasing information:

Rate per sq. ft.: $8.00 per sq. ft.
C.A.M.: $3.00 per sq.ft.
Lease Term: New 5-year lease
Option Periods: One 5-year option
Deposit held by Lessor: 2 Months
Financing: Treat as clear title 

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