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$99,888 · 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 $15.76 psf , Gross , has 4 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 $ 99,888 obo

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Ad Id27675010
CategoryBusinesses
PostedJune 12, 2016
Renewed May 25, 2017
Expiry June 24, 2017
Status NOT SOLD
Details New
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