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Here Is A New Listing That I Just Posted In 4209 3 STREET E in Claresholm
Posted on
August 12, 2020
by
Rob Campbell
Here is a new listing that I am happy to post in 4209 3 STREET E in Claresholm. This is a multi-tenant industrial building comprised of 7800sqft(+/-). The wood frame structure was built in 1974, with a rear addition completed in 2008 and is presently demised into four independent rental units. The building is situated on 0.91 of an acre parcel of land and is located in the southeast corner of Claresholm's Industrial Park. The property has rear frontage on Highway 2, a major north/south double-lane highway extending from Fort Macleod to Calgary.
The building structure consists of a concrete perimeter foundation and concrete slab floors.
It has a gable roof structure with newer metal cladding at front, older asphalt shingles at centre, and metal at rear. There are overhead drive-in doors, 3 @ (14’ x 14’), 1 @ (8’ x 10’) with chain and motorized door openers. There is a mix of both PVC and wood casement thermopane window units.
This would be a great Owner/User building that could be grown into, or just purchased as an investment property. The tenant mix is currently producing a favourable cap rate from an investor perspective. Call for more details and a tour of this property.
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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 Calgary. Here is a great opportunity to acquire a fully built out and operating burger restaurant in a busy NW Calgary retail location. Situated in a newer commercial development with strong visibility, good access and a complementary mix of surrounding businesses, this location benefits from consistent traffic and an established customer base.
The approximately 1,786 sq. ft. restaurant offers a modern, inviting dining area along with a fully equipped kitchen designed for an efficient quick service operation. The business is set up for both dine in and takeout service, providing multiple ways to serve customers throughout the day.
A major added feature is the licensed patio, along with licensing for beer and alcohol service, creating additional opportunities to increase average customer spend and take advantage of Calgary's patio season.
The restaurant currently operates as part of an established franchise, providing a buyer with the opportunity to continue with the existing concept, branding and operating systems. Alternatively, there may also be an opportunity for a purchaser to acquire the restaurant and transition the space to their own concept, providing additional flexibility for an experienced operator or restaurant group looking for a well built out location without starting from the ground up. Any change of concept would be subject to the required landlord and other applicable approvals.
The restaurant is well positioned for an owner operator looking to take a more active role in the business or an experienced restaurant group looking to add another location to their portfolio.
The newer development, strong surrounding demographics and combination of retail, service and entertainment businesses help generate both destination and walk in traffic.
The restaurant is fully equipped and ready for a new owner to take over, whether continuing with the existing franchise or exploring the potential for a new concept.
All inquiries are strictly confidential. Please do not approach the business, employees or ownership directly. Additional information will be provided to qualified buyers upon completion of a confidentiality agreement.  Here is a new listing that I am happy to post in Calgary. Here is a great opportunity to take over a professionally built hospitality space in one of Calgary’s most established inner city neighbourhoods.
The space was designed as a quick service food and beverage operation and would work well for a café, sandwich shop, pizza concept or almost any other fast casual restaurant. There is also a separate licensed room that could be used for evening service, private dining, tasting events, small functions or another complementary concept. Two outdoor patios provide additional seasonal seating and help create even more ways to use the space.
More than $550,000 was originally invested in the buildout, and the assets are now being offered for $265,000. For a buyer looking to open a hospitality business, this is an opportunity to acquire a high quality, ready to operate space for a fraction of what it would cost to build something similar today.
The sale includes the leasehold improvements, furniture, fixtures and equipment. Additional equipment may also be available, giving a purchaser the flexibility to adapt the space to suit their own menu and concept.
The kitchen has been designed for efficient service, with existing takeout and delivery infrastructure already in place. The professionally finished interior gives a new operator the ability to open much sooner, while still allowing them to introduce their own branding, décor and personality.
Property Highlights
• Prime location in one of Calgary’s best known hospitality districts
• Professionally designed quick service restaurant
• Efficient commercial kitchen
• Separate licensed room for evening service, private events or additional dining
• Two outdoor patios
• Licensed food and beverage operation
• Takeout and delivery systems already in place
• High quality leasehold improvements
• Furniture, fixtures and equipment included
• Additional equipment may be available
• Attractive lease, subject to landlord approval
Building a comparable restaurant today would require a much larger investment, along with the time and uncertainty involved with design, construction, permits and tenant improvements. This opportunity allows a buyer to spend less time building and more time opening, marketing and growing their concept.
The current ownership has decided to realign its hospitality operations and make the space and assets available to a new operator. The existing brands are not included in the sale, allowing the purchaser to bring their own vision to the location.
The business identity, operating information, lease details and additional information will be provided to qualified purchasers. |
