PRICE REDUCED! Profitable cafe & bistro business with great exposure located on +15 of a 22 storey high-rise office building in downtown. Very well-received business with lots of regular and repeat customers. Almost 50% of the sales is from catering orders. Steady sales just over $1,200/day (approximately $310,000/year on average last 3 years). Business hours Monday to Friday, 6am to 2:30pm (breakfast & lunch). Bright corner location with lots of windows overlooking Calgary downtown provides great atmosphere. 19 seating inside + additional seating area including furniture (additional 729 sqft & 42 seats) is provided by the landlord without any extra rent. Low rent at $4,500 including the op cost (all utilities are included) and tax and it is being currently renegotiated to net $10/sqft ($15/sqft now). Remaining lease until May 31, 2020 with a 5 year renewal option. This business did well in uncertain economic times and definitely has the potential to be profitable now and for many years in the future.
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Listing information last updated on November 11th, 2019 at 4:15pm CST.