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Multiple award winning West End 1200 s/f, 40 seat turn key restaurant. Great 5 year gross lease at $2600/mo (all in - $2025 base + $498 taxes + $141 GST) + 5 year option. Yearly Taxes $3500/year. Sales $275K/year, liquor license 11 AM - 2 AM but restaurant open 5-11 daily (closed Monday). Eight full time + four part time employees - all with Ceridian Payroll. Additional 700 s/f at rear used for storage. 9 parking stalls at rear, patio with 2 tables in front - not allowed technically - call realtor for explanation. No outstanding health, liquor or city infractions. Lease has demo clause. Seller may supply partial financing to Buyer.
| MLS® # | V4002248 |
|---|---|
| Business Name | CONFIDENTIAL |
| For Sale | Yes |
| For Lease | No |
| Fin. Floor Area | 1,200 sqft |
| Total Bldg Size | N/A |
| Taxes | $ N/A / 0 |
| Total Gross Sales | $275,000 |
| Sale Type | Asset |
| Monthly Lease | $2,600 |
| Lease Term | 5 year option |
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Site Influences
- High Traffic Area
- Retail Exposure
- Public Transit Nearby
- Visual Exposure
Price Includes
- Assets Undepreciated
- Equipment/Machinery
- Goodwill
- Leasehold Improvements
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