Stunning Restaurant & Lounge – $249,000
Stunning Restaurant & Lounge – $249,000
This is a gorgeous restaurant and lounge in a very desirous, upscale area offering a casual, yet gourmet, menu. Sales could be dramatically increased with adding lunch service as the present owner is only open for dinner. The premises would be ideal for any concept that a new owner wished to bring. Great spot for a franchise operation as well. Asking price is well below replacement value for such a beautiful spot!
Location
Country: | Canada |
State or Province: | AB |
City: | Calgary |
Location Zip or Postal Code: | T1X 0L3 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Stunning Restaurant & Lounge – $249,000 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 4,246 sq. ft. on main; plus 1,617 sq. ft. downstairs, Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Hours of Operation: | Dinner service only 4 pm – 9 pm; 7 days a week |
Financial Details
Asking Price: | $249,000 |
Gross Revenue: | $956,000 per year |
Gross Revenue Range: | $500,000-$1,000,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Financial Comments (include any Financing information that may be useful): | Treat as clear title |
Contact Listing Owner
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