Rob Campbell - CIR Realty : Archived blog posts for : December 2014

I have sold a Business at Listing # 240

Posted on December 5, 2014 by Rob Campbell

Posted in Close to Calgary, Small Town Location Real Estate

I have sold a Business at Listing # 240.

Stand Alone Pub with VLT’s

If you want to get into the pub business and like the small town life, this is one of the best listings I have had in years. Located in a small town just outside Calgary, this FULLY equipped pub with VLT’s is not going to last long. The price is just the start of this great little business!

The fully equipped kitchen is set up to feed the local industrial businesses that surround the location, as well as the locals and people staying at the hotel next door. They can do pizza delivery and catering if you want to set up some additional revenue streams. The pub has vaulted ceilings and pool tables for the customers to enjoy.

The landlord is great and willing to work with the tenant to ensure success in the business. This is a fantastic chance for a bartender or current manager to get started in his...

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**Seller Is Motivated to Sell This Store** No way could you build this store for what the asking price is, so it will not last! This is a fully fixtured and well equipped fast food burger joint. There is nothing that this store needs, just bring your burger concept and do a quick make over and open the doors. Call to set up a tour of this great 17th Ave location!

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The Street Eatery is a fully licensed, full-service restaurant that opened in early 2016 and offers dine-in, take-out, and delivery. The Street Eatery’s menu consists of small plates, rice bowls, plates, sandwiches and burgers, and salads. The food is globally inspired street food including Korean, Indian, Vietnamese, and American. The menu is very unique and is designed to appeal to a wide range of diets and preferences, as the menu is approximately 50% plant-based, and has many gluten-free options. Due to the large appeal of The Street Eatery’s menu including its “Street Shakes” and “Vegan Wings”, the restaurant has become a well-known destination. The Street Eatery was voted to have Calgary’s best vegan meal and dessert in 2019. In November 2019, The Street Eatery launched a “ghost kitchen” delivery and take-out only “modern burger joint” called “Drippin Sauce”. Drippin Sauce’s menu consists of grass-fed beef burgers, Alberta free-run chicken burgers, plant-based burgers, fries, poutine, and milkshakes. This brand has been well received by guests, sales grew 400% during the covid-19 period. The kitchen is well equipped and can serve as an "open kitchen concept", and is fully vented with walk in fridge.

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**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!

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