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Listed by:

Acuity Business Group

Restaurant Assets In Cochrane, AB For Sale

Cochrane, Alberta, Canada
Asking Price:
$129,000 (CAD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This Cochrane restaurant facility is ready for the next great concept!  This location is currently operating as a Famoso Pizzeria & Ricky’s Breakfast Café and can be easily adjusted to suit your own brand and menu.  

This is an asset sale only.  

Located in a small sought-after community, just west of Calgary, this is a prime location within a commercial centre along two major town thoroughfares. There has been $450K invested into fixtures, fittings, leasehold improvements, equipment, and furniture over the past 4 years.  This fully functioning restaurant will be acquired as is.  This is a great opportunity for a chef or businessperson looking to open their own restaurant. 

This restaurant is comprised of 1835 square feet and houses 36-40 seats. 

The lease will be assigned and is subject to landlord approval.  The annual rent is excellent at $88,000.  The landlord is keen to maintain a restaurant is this space.

This is available at a low capital cost of $75,000 including all equipment, fixtures, fittings, and furniture.  Vendor financing is available for the balance of the investment. 

Potential buyers can contact Ken Wither to discuss your food concept, menu and business plan. 

Business owners or staff are not to be approached directly. 

Property Information

Real Estate:

Lease

Leasehold Rent:

$88,000 (CAD) per annum

Location:

Located in a small sought-after community, just west of Calgary, this is a prime location within a commercial centre along two major town thoroughfares.

Premises Details:

There has been $450K invested into fixtures, fittings, leasehold improvements, equipment, and furniture over the past 4 years.  This fully functioning restaurant will be acquired as is.  

Other Information

Financing available:

Cash required $75,000. Financing available for balance.

Business closed / Asset sale:
Yes