$219,000.00 1,832 Sq.ft

Address Not Available

Description

An excellent opportunity! Very profitable cafe & bistro business with great exposure located on +15 of a 22 storey high-rise office building in downtown. Very well-received business with lots of regular and repeat customers. Almost 50% of the sales is from catering orders. Steady sales just over $1,200/day (approximately $310,000/year on average last 3 years). Business hours Monday to Friday, 6am to 2:30pm (breakfast & lunch). Bright corner location with lots of windows overlooking Calgary downtown provides great atmosphere for dine-in customers. 19 seating inside + additional seating area including furniture (additional 729 sqft & 42 seats) is provided by the landlord without any extra rent. Low rent at $4,500 including the op cost (all utilities are included) and tax. Remaining lease until May 31, 2020 with a 5 year renewal option. This business did well even in uncertain economic times and definitely has the potential to be profitable now and for many years in the future. All tours by appointment only.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4236276
City:Calgary
Neighbourhood:
Province:Alberta
Building/Unit Size: 1,832 sq.ft
Lot Size:120 sq.ft
Land Size:0.00 Acre
Listing Price:$219,000.00
Listing Price Arce:$0 per Acre
Lease Rate:$1.25 per sq.ft
Business Type:FB - Donut/Coffee
Property Type:Commercial
Property Subtype:Retail
Transaction Type:For Lease
Land Use Code:CR20-C20/R20
Listing Contract Date:2019-04-02

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "ROYAL LEPAGE SOLUTIONS" listing brokerage.

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