$88,888 · Well Established Licensed Chinese / Western Restaurant , Calgary
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 Address is : 2388 Crestwood Road , SE , Calgary , Ab . ( just off Ogden Road & 69 ave SE . )
The other Businesses in the Strip Mall are a Liquor Store , a Convenience Store and a soon to open 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 , at a very reasonable $16 psf , Gross , has 3 Years remaining on it and the Landlord is willing to add Two further Renewal Options of 5 Years each .
The potential for further increasing Business is possible , by opening for Breakfast and Lunch and by profitably utilizing the adjoining 700 sq. ft. bay to generate additional Sales and Profits .
Asking Only $ 88,888 obo
|Details||Last hour:||Last 24 hours:||All:|
|Posted||June 12, 2016|
|Renewed||January 01, 2018|
|Expiry||January 31, 2018|