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New Business for Sale listed in Calgary
Posted on
April 6, 2014
by
Rob Campbell
Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #. Beautiful restaurant with a great patio!
This busy Italian restaurant is in one of Calgary’s trendiest neighborhoods, a hub for walking and dining year round. A sweet little restaurant with a great patio that is surrounded by high-income earners. Lots of potential for a young chef or restaurateur to keep the style of food or do a concept change with very little cash outlay. Call me for more info and a private walk through of the space.
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The space is already set up as a full service restaurant and bar, but the real value is in the location, the lease, the patio, and the ease of conversion. The kitchen has been recently renovated, which gives a new operator a major head start and helps avoid the cost and downtime of a major back of house buildout. The front of house area can be refreshed or redesigned without a complicated renovation, making it a good fit for many different concepts, including casual dining, lounge, pub, cocktail bar, specialty cuisine, quick service, or a new branded restaurant.
The rent is very attractive for 17th Avenue SW and should be viewed as one of the strongest selling features of this opportunity. For an operator looking to control occupancy costs while securing a presence in one of Calgary’s best known restaurant and entertainment areas, this is a very compelling option.
This is a great opportunity for an owner operator, experienced restaurant group, or growing food and beverage brand looking for a flexible space in a strong inner city location. With a renovated kitchen, good lease economics, a patio, and the ability to rebrand or convert the decor with relative ease, this location provides a solid foundation for a new operator to step in and make it their own. |
