Low Rent Restaurant Conversion 17th Ave SW For Sale

Description

Business type: full-service restaurant

Location: 17th Avenue, Calgary, Alberta

Established at current location: November 2009

Current status: established operating business

Ownership structure: independent

Financial information

Asking price: $150,000

Price status: priced to sell

Monthly rent: $4,650

Rent structure: all-in

Lease

Remaining lease term: approximately 3.5 years

Renewal option: 5 years

Premises

Large patio: available

Patio heating: available

Sun exposure: strong

Extended patio approval period: May through October

Operations

Operating setup: turnkey

Franchise fees: none

Royalty fees: none

Brand flexibility: available

Alternative concepts

• Full-service restaurant
• Fast-food restaurant
• Fast-casual restaurant

Concept conversion: possible

Potential buyers

• Owner-operators
• Restaurant operators
• Hospitality investors
• Entrepreneurs launching a new restaurant concept

Further information

Additional business information: available upon inquiry