- Advert ID: 648025
Licensed Restaurant Lease To 2012 For Sale
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Summary
- Asking price:
- $180,000 (Furniture / Fixtures included)
- Sales revenue:
- $510,000
- Net profit:
- $124,000
- Years established:
- 6
- Employees:
- 2 f/t, 7 p/t
Business description
Fully Licensed Restaurant, well established in rapidly growing community of Okotoks, 10 minutes south of Calgary. High traffic location in the charming downtown district. Excellent lease at only $11/sq foot to 2012 with 5 year option to renew. Retain existing menu or introduce your own. Kitchen is fully equipped and includes pizza oven. Hours and capacity can both be increased. Owners retiring.
Property information
- Real Estate:
- Lease
- Lease terms:
- Excellent lease, $11/sq foot to 2012 with 5 year option.
- Location:
- Busy location in trendy downtown district.
Other information
- Expansion potential:
- Actual seating 132 with capacity to 172. Separate banquet room. Current operating hours Tuesday thru Sunday, 4 - 10 p.m., closed Monday. Hours may be extended to include breakfast and lunch.
- Competition / Market:
- Limited
- Support & training:
- Up to 30 days. Owners willing to provide all recipes should new owner wish to retain current menu.
- Reasons for selling:
- Retirement
- Trading hours:
- Tuesday to Sunday, 4 - 10 pm
- Furniture / Fixtures value:
- $160,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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