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.
