Log In needed $88,888 · Well Established Licensed Chinese / Western Restaurant , CalgaryReport Ad
Well Established Licensed Chinese / Western Restaurant in Calgary
For Sale ~ A 2,475 sq.ft. , Well Established ( since 1973 ) , Chinese / Western Restaurant with a Liquor Licence ~ in Calgary , Ab .
This is an Ideal Family Operation with great potential in the future .
We are located in a Residential / Industrial / Commercial Neighborhood in Ogden , in SE Calgary , Ab . in a Strip Mall , near the new CP Rail Offices .
The other Businesses in the Strip Mall are a Liquor Store , a Convenience Store and a Thrift Store .
The Restaurant offers Licensed Dine - In , Take - Out & Delivery as well as Hosting Parties & Functions .
We are Open for Business 7 Days a Week , from 4 pm to 10 pm , Sunday to Thursday and from 4 pm to 11 pm on Fridays and Saturdays .
The Dining Area Comfortably Seats 65 , with a spare 700 sq ft overflow adjoining Bay ( currently under-utilized ) that can also be turned into a Buffet Room , a Private Dining Room , a Pub or a Karaoke / Sports Bar etc. to generate additional profits . This Bay has it's own washrooms and shares the fully equipped Common Kitchen with the main Restaurant .
The Lease , starting at a very reasonable $16 psf p.a. , Gross , will be for 5 Years with another 5 Years optional . This Gross Lease includes your share of the ever increasing Property Taxes and Common Area Costs .
The potential for doubling the Sales is there , just by opening for Breakfast and Lunch and by profitably utilizing the adjoining 700 sq. ft. bay , as a Sports Pub , Karaoke Bar , Buffet Room , alternate cuisine dining etc. to generate additional Profits .
Asking Only $ 88,888 obo