My Listings

658 11520 24 Street SE
Douglasdale/Glen Calgary T2Z 3E9

$380,000
Commercial

Main Photo: 658 11520 24 Street SE in Calgary: Douglasdale/Glen Retail for sale : MLS®# C4229658
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C4229658
Bus Minor:
FB - Restaurant
Fantastic Free Standing location with excellent business opportunity to own and operate a very well known and established Franchise. This franchise is located in a highly visible traffic area in a busy shopping centre in SE Calgary and is surrounded by other major franchises like McDonalds, Tim Horton’s, Dairy Queen and many more. This franchise Restaurant offers innovative breakfast, lunch, dinner menus and spacious Lounge. This location features: - 4500 sq. ft. approximately - 3 revenue centres: restaurant, lounge & meeting room - Total seating capacity: 240; restaurant – 95; Lounge – 45; private meeting room – 40; patio – 60 - Meeting room space for extra revenue - Lounge & private meeting space can be used for events up to 85 people - Large kitchen to accommodate outside catering to increase revenue Average 3 year’s sales 1.15M (prior to the lounge construction). Recently added the lounge with renovations 100K+, this location has been a staple for the community for many years. Locals favorite restaurant. This location is in a well established residential and commercial community. Close to Quarry Park. Very profitable and stable business. To qualify, franchisor needs 50% of sale price in equity down and needs to commit full time to the business and with previous experience in restaurant business. Buyer must sign a confidentially agreement prior to any information released. All viewings must be by appointment only and PLEASE DO NOT APPROACH STAFF. Call today to book your private showing.
Property Type:
Commercial
Property Sub Type:
Retail
Condo Type:
Not a Condo
Minor Bus Type:
FB - Restaurant
Total Floor Area:
4,500 sq. ft.
Price Per SqFt:
84.44
Lse Op Costs SF:
15.74
Lse Op Costs Incl:
See Remarks
Taxes:
$0 / 0
Lot Area:
0 sq. ft.
Year built:
1977 (Age: 42)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
0
Water Supply:
Municipal
Garage:
0
Parking Total/Covered:
0 / -
Parking Places:
0.0
Title to Land:
Leasehold
Possession Date:
Apr 30, 2019
Restrictions:
None Known
Douglasdale/Glen
Douglasdale/Glen
High Traffic Area, Public Transportation, Shopping Nearby, Street Lighting, Visual Exposure
Alarm System, Boardroom
Private
Possession:
Negotiable
Possession Days:
30
Listed Date:
Mar 04, 2019
Days on Mkt:
140
Original Price:
$425,000
  • Photo 1: 658 11520 24 Street SE in Calgary: Douglasdale/Glen Retail for sale : MLS®# C4229658
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Data was last updated July 22, 2019 at 04:05 PM (UTC)
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.