Restaurant in the Rockies – PRICE REDUCED TO $525,000
Restaurant in the Rockies – PRICE REDUCED TO $525,000
This casual fine-dining restaurant is one of the best high-end restaurants in the Rockies! It is well-established. The premises have been totally renovated and show extremely well. It comes with a 3-bedroom, 2-bathroom apartment upstairs which has a full kitchen and its own entrance. This can be used for management or a chef and family. Or it could increase the income and offset operating expenses by renting it out independently. There’s a “first-right-of-refusal” in the Lease for the restaurant operator to buy the building.
Location
Country: | Canada |
State or Province: | AB |
City: | Alberta |
Location Zip or Postal Code: | T1X 0L3 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Restaurant in the Rockies – PRICE REDUCED TO $525,000 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 1,710 plus heated, enclosed patio, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | Closed on Monday 5:30 pm – 11 pm; 6 days a week |
Financial Details
Asking Price: | $PRICE REDUCED TO $525,000 |
Gross Revenue: | $850,000 estimated for 2015 |
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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