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$ 325,000
Est. payment /mo
New
Calgary, AB
1,208 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,208 sqft
Price per Sqft $269
MLS Listing ID A2259519
Property Sub-Type Business
Property Description
**LOCATION WITHHELD AT SELLER'S REQUEST**
Well Established, Profitable Inner City Italian Restaurant
Here is the perfect opportunity to acquire a long running, profitable inner city restaurant with a loyal following. This Italian style neighbourhood restaurant has been owned and operated by the same chef/owner for many years, earning a great reputation for casual evening dining or a special event destination and is regularly recommended by local dining guides.
Why this is a strong buy
* Consistent years of profitable operations
* Proven profitability and straightforward operations: small footprint, modest staffing needs, and systems in place that suit an owner operator or investor looking for low overhead.
* Solid reputation for classic, “made from scratch” Italian dishes (pasta, veal parm, calamari and house sauces are frequently singled out by diners).
* It's longstanding local presence is trusted by repeat patrons and positioned near high foot traffic inner city attractions (making it a dependable choice for both residents and visitors)
* Very attractive lease terms relative to comparable inner city spaces (details available upon request).
* Flexible format: Can be open for full dinner and lunch service, private event capability (small banquets/cocktails), established catering relationships.
What guests say (market sentiment)
* Frequently praised for authentic flavours, attentive service, and a warm, family run atmosphere.
Key selling points are;
* Turnkey kitchen and dining room with proven menus and supplier relationships.
* Compact staff roster and straightforward operations make this an ideal purchase for an owner/operator or small management team.
* Strong local awareness and regular weekend dinner bookings provide a solid base to continue to grow revenue with modest marketing or extended hours.
Included with sale
* Fixtures, fittings and kitchen equipment (list available on request)
* Transferable vendor contacts and catering relationships
* Financial summaries and rent/lease abstracts available to qualified buyers
A full due diligence packet will be provided once a confidentiality agreement is in place, call to start the next steps!
Well Established, Profitable Inner City Italian Restaurant
Here is the perfect opportunity to acquire a long running, profitable inner city restaurant with a loyal following. This Italian style neighbourhood restaurant has been owned and operated by the same chef/owner for many years, earning a great reputation for casual evening dining or a special event destination and is regularly recommended by local dining guides.
Why this is a strong buy
* Consistent years of profitable operations
* Proven profitability and straightforward operations: small footprint, modest staffing needs, and systems in place that suit an owner operator or investor looking for low overhead.
* Solid reputation for classic, “made from scratch” Italian dishes (pasta, veal parm, calamari and house sauces are frequently singled out by diners).
* It's longstanding local presence is trusted by repeat patrons and positioned near high foot traffic inner city attractions (making it a dependable choice for both residents and visitors)
* Very attractive lease terms relative to comparable inner city spaces (details available upon request).
* Flexible format: Can be open for full dinner and lunch service, private event capability (small banquets/cocktails), established catering relationships.
What guests say (market sentiment)
* Frequently praised for authentic flavours, attentive service, and a warm, family run atmosphere.
Key selling points are;
* Turnkey kitchen and dining room with proven menus and supplier relationships.
* Compact staff roster and straightforward operations make this an ideal purchase for an owner/operator or small management team.
* Strong local awareness and regular weekend dinner bookings provide a solid base to continue to grow revenue with modest marketing or extended hours.
Included with sale
* Fixtures, fittings and kitchen equipment (list available on request)
* Transferable vendor contacts and catering relationships
* Financial summaries and rent/lease abstracts available to qualified buyers
A full due diligence packet will be provided once a confidentiality agreement is in place, call to start the next steps!
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Interior
Inclusions To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by CIR Realty