Downtown Restaurant and Bar

Since 1995, this family operated restaurant has focused on creating a solid reputation in the downtown area of Calgary, AB. In 2005 the current owner assumed the restaurant and continued to earn high standards for service and excellency in the industry. Relocated to a beautiful venue in 2016, this amazing downtown restaurant hosts a variety of signature dishes,inspired by the flavors of California, Southeast Asia and Europe. Celebrated for its amazing cuisine utilizing fresh ingredients and original recipes, this downtown restaurant is a favorite among the members of the downtown community. Showcased in a modern, bright and comfortable atmosphere, this venue features a variety of seating areas, from a second-floor cozy dining area, to the lounge style seating, to the fabulous street patio. This licensed venue is open for breakfast, lunch, happy hour and dinner, with daily food and beverage specials. In addition to the regular menu, this restaurant includes a catering service for private functions in the dining room and spacious lounge. They will also cater to office sites and cocktail parties, holiday events, and The Calgary Stampede barbecues, etc.

restaurant & bar
Listing ID: SMC 27012018

Asking Price: $BEST OFFER

Why This Business

• Price includes inventory and assets, turnkey operation
• Well established restaurant in a desired area
• Excellent menu options
• Potential for growth by extending hours, increase to catering services, increase patio seating
• Lease in place until 2026

Additional details

Reason for sale: Owners would like to pursue other interests
General Information: Best offer will be accepted
Documents Available For Review: Business Sales Memorandum, Financial Statements, Equipment List

Listing Details

Operational Summary

Annual Revenue: $719194
Assets: $195,773
Discretionary Earnings: $76848
Year Established: 1995
FT Employees: 6
Inventory: $8,000
PT Employees: 3
Location: Edmonton, AB
Broker: Alberta Business Sales Broker

Alberta Business Sales Broker

info@absales.ca

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