Listing Number: 021121-775130
Description
This 60-seat restaurant & Bar that has been built-out with $500,000 in leasehold improvements, furniture, and fixtures. The restaurant is 3.5 years old.
This is a chance to re-brand and make this restaurant your own without starting completely from scratch. The current owner has other restaurants and simply does not have the time.
The location is excellent, pedestrian friendly and surrounded by apartments in the heart of the City. Currently the restaurant is focused on brunch, lunch and dinner. The bar features craft beer, cocktails and martinis.
The facility and equipment are in excellent condition. The lease term has 7 years left, and another 10 years with options. Base rent is $5,000 per month + op costs and additional.
The ideal buyer for this business is someone who is looking for a beautiful spot at a price far below cost. Bring your branding and know-how to take advantage of this unique opportunity.
Contact Sahdev Sharma for more information.
Listing Details
- Price: $250,000
- Down Payment: $250,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Alberta
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: to pursue other opportunities.
- Category: Restaurants
