This is a beautiful restaurant with close proximity to hotels and downtown shopping. The concept and cuisine can be kept as Indian or changed to a new owner’s choice. Kitchen is fully equipped with new equipment. Come and build on the success the present owners have created. Great lease rate for downtown Calgary with 3 ½ years left. Don’t miss it!
Country: | Canada |
State or Province: | AB |
City: | Calgary |
Location Zip or Postal Code: | T1X 0L3 |
Service Type: | Sit-Down Table Service |
Title of Listing: | Beautiful Indian Restaurant – $269,000 |
Number of Locations: | 1 |
Number of Seats: | Over 150 |
Size: | 3,400 sq. ft., Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Lunch on Monday to Friday 10 am – 2 pm then dinner from 5 pm – 10 pm. Saturday 4 pm – 10 pm Closed on Sundays and holidays |
Asking Price: | $269,000 |
Gross Revenue: | $35,000 - $40,000 per month or $450,000 - $500,000 per year |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Financial Comments (include any Financing information that may be useful): | Treat as clear title |