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Posted on
February 13, 2020
by
Rob Campbell
Here is a new listing that I am happy to post at 1046 woodpark BV SW in Calgary.
Super Opportunity!
This is a neighborhood pub with very deep roots in the community. Lots of regulars and still potential for growth. Comes with 6VLTs. Ready for the energy of a new owner! Step in as the local publican in this very popular neighborhood pub!
Confidentiality agreement required.
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Here is a new listing that I am happy to post in Calgary, Calgary.
**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!  Here is a new listing that I am happy to post in 319 11 AVENUE NE in Calgary. This is one of those inner city properties where the value is not just in the house, but in the options that come with it.
Located in the heart of Crescent Heights, this well kept bungalow offers the opportunity to move in and enjoy it as it is today, hold the property as a long term investment, or explore the redevelopment potential of the site in the future.
The home offers approximately 723 sq. ft. above grade with two bedrooms and a bright, comfortable main floor. A spacious living room opens into the dining area and renovated kitchen, with large windows bringing in plenty of natural light. The lower level adds a large recreation room, 3 piece bathroom, laundry and plenty of storage, giving the home considerably more usable space than the above grade square footage might suggest.
Outside, the fully fenced and landscaped backyard provides a great private outdoor space, while the single detached garage, covered parking and additional stalls provide parking for up to five vehicles something that is increasingly difficult to find this close to downtown.
What really sets this property apart is the land and location. Situated on an approximately 4,499 sq. ft. lot with roughly 37.5 feet of frontage and M-CG d72 zoning, the property offers interesting future redevelopment potential, subject to City approval. Crescent Heights continues to see older properties replaced with contemporary infill, townhome and multi residential development, including redevelopment already taking place along 11 Ave and throughout the surrounding neighbourhood.
That makes this a property you can actually use today while keeping an eye on tomorrow. Live in the bungalow, renovate it further, hold it as an investment, or investigate a future redevelopment project when the timing is right.
The location is hard to beat. You are just off Edmonton Trail and minutes from downtown, with quick access to Centre Street, Bridgeland, SAIT, transit, schools, parks, pathways and some of Calgary's best independent restaurants, cafés and neighbourhood businesses. The Bow River pathway system and downtown core are also close by, giving this location the walkability and accessibility that continues to drive demand for inner city living.
A solid home today, valuable inner city land underneath it, and several possibilities for the future this is a property worth taking a closer look at.  Here is a new listing that I am happy to post in 402 Centre STREET SE in High River. Here is an opportunity to take over a well established bar and grill in the growing community of High River. Sally’s Bar & Grill has built its business around a comfortable, casual atmosphere, traditional pub style food, cold drinks and regular entertainment that keeps customers coming back.
Located on Centre Street SE, the business benefits from a visible and easily accessible location and serves a mix of local regulars, surrounding rural customers and visitors to the High River area.
The restaurant and bar offers an established food and beverage operation with a familiar neighbourhood pub atmosphere. Regular entertainment including karaoke, live music and special event nights gives the business additional reasons to bring customers through the doors beyond the traditional lunch and dinner business.
A significant feature of this operation is its 14 VLTs, which provide an additional and established revenue stream to the business. The VLT operation generates strong cash flow and complements the food, beverage and entertainment sides of the business, giving a purchaser multiple sources of revenue within one established operation.
This is the type of business that gives a new owner several directions to take it. Continue operating Sally’s and build on the existing customer base, local recognition and established revenue streams, or bring your own ideas, marketing and operating style to the location.
For an owner/operator looking for an established restaurant and bar outside Calgary, this is a solid opportunity to step into an existing operation in a strong Southern Alberta community.
High River recorded a population of more than 14,300 in the 2021 Census and also serves as an important commercial and service centre for the surrounding Foothills region. Foothills County recorded a population of more than 23,000 and includes a large rural trading area made up of nearby communities, acreages, agricultural operations and country residential properties.
High River’s location approximately 30 minutes south of Calgary’s southern city limits also gives the community strong regional access, while continued residential, commercial and employment growth throughout the Foothills area supports the long term potential of the local market.
A solid opportunity to acquire an established hospitality business with an existing customer base, recognizable local presence, multiple revenue streams and access to a trading area that extends well beyond the Town of High River itself.
Contact your agent for additional information and details on the business. |