Property Details

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Featured in:

Winners:


Calgary (A2259519)

$325,000
1,208 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

**LOCATION WITHHELD AT SELLER’S REQUEST** Well Established, Profitable Inner City Italian Restaurant Here is the perfect opportunity to acquire a long running, profitable inner city restaurant with a loyal following. This Italian style neighbourhood restaurant has been owned and operated by the same chef/owner for many years, earning a great reputation for casual evening dining or a special event destination and is regularly recommended by local dining guides. Why this is a strong buy * Consistent years of profitable operations * Proven profitability and straightforward operations: small footprint, modest staffing needs, and systems in place that suit an owner operator or investor looking for low overhead. * Solid reputation for classic, “made from scratch” Italian dishes (pasta, veal parm, calamari and house sauces are frequently singled out by diners). * It’s longstanding local presence is trusted by repeat patrons and positioned near high foot traffic inner city attractions (making it a dependable choice for both residents and visitors) * Very attractive lease terms relative to comparable inner city spaces (details available upon request). * Flexible format: Can be open for full dinner and lunch service, private event capability (small banquets/cocktails), established catering relationships. What guests say (market sentiment) * Frequently praised for authentic flavours, attentive service, and a warm, family run atmosphere. Key selling points are; * Turnkey kitchen and dining room with proven menus and supplier relationships. * Compact staff roster and straightforward operations make this an ideal purchase for an owner/operator or small management team. * Strong local awareness and regular weekend dinner bookings provide a solid base to continue to grow revenue with modest marketing or extended hours. Included with sale * Fixtures, fittings and kitchen equipment (list available on request) * Transferable vendor contacts and catering relationships * Financial summaries and rent/lease abstracts available to qualified buyers A full due diligence packet will be provided once a confidentiality agreement is in place, call to start the next steps!

Property details

Basic Info

MLS® #
A2259519
Property Type:
Commercial
Subtype:
Business
Subdivision:
Calgary
Price
$325,000
Sale/Lease:
For Lease
Size:
1,208 sq.ft.

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”

Business Info

Business Type:
Food & Beverage ,Restaurant

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
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