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$259,000
Est. payment /mo
3,910 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,910 sqft
Price per Sqft $66
Subdivision Whitehorn
MLS Listing ID A2334970
Year Built 1981
Property Sub-Type Retail
Property Description
This well-established neighborhood restaurant is renowned for its authentic Vietnamese cuisine and popular bubble tea selection. Spanning approximately 3,910 sq. ft. with seating for up to 140 guests,the restaurant has been a trusted dining destination in the Whitehorn community for more than 12 years under the same ownership.
Ideally situated in a prominent corner unit within a busy neighborhood plaza,the location offers excellent visibility along 36 Street NE,ample customer parking,and is just minutes from the C-Train station. The business generates over $500,000 in annual gross sales,presenting an outstanding opportunity for a partner/family operation.
The fully equipped commercial kitchen is thoughtfully designed for efficiency and includes a walk-in cooler,over 12 feet of canopy ventilation,grill tops,commercial stoves,and generous prep and workspace. Dedicated Bubble Tea station with more than enough storage in this restaurant. The dining area features a spacious main seating section,along with a secondary dining room complete with a licensed bar setup,making it ideal for private events,celebrations,and group gatherings.
The current lease offers exceptional value,with rent of just $7,400 per month for a restaurant of this size and location.
Continue operating the successful existing concept with training provided by the current owner,allowing for a seamless transition and immediate income potential. Alternatively,subject to landlord approval,bring your own restaurant concept to life and customize the space to match your culinary vision.
Ideally situated in a prominent corner unit within a busy neighborhood plaza,the location offers excellent visibility along 36 Street NE,ample customer parking,and is just minutes from the C-Train station. The business generates over $500,000 in annual gross sales,presenting an outstanding opportunity for a partner/family operation.
The fully equipped commercial kitchen is thoughtfully designed for efficiency and includes a walk-in cooler,over 12 feet of canopy ventilation,grill tops,commercial stoves,and generous prep and workspace. Dedicated Bubble Tea station with more than enough storage in this restaurant. The dining area features a spacious main seating section,along with a secondary dining room complete with a licensed bar setup,making it ideal for private events,celebrations,and group gatherings.
The current lease offers exceptional value,with rent of just $7,400 per month for a restaurant of this size and location.
Continue operating the successful existing concept with training provided by the current owner,allowing for a seamless transition and immediate income potential. Alternatively,subject to landlord approval,bring your own restaurant concept to life and customize the space to match your culinary vision.
Location
Province AB
County 0046
Area Cal Zone Ne
Direction NE
Interior
Inclusions Seller to provide asset/equipment list
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Read Less Info
Listed by Century 21 Bravo Realty