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Canmore, Alberta
Description:
Business is a well-established, successful full service restaurant with a very popular European cuisine theme and décor.
Business operates from a well-known and busy tourist facility in one of Canmore’s major commercial areas.
However, there are several methods for purchasing this business, which prospective buyers will be required to provide the listing Realtors with a statement of confidentiality prior to disclosure of final details of the stated options. It should be understood that this restaurant has been in business for a number of years and is very well known, with the owners wishing to keep enquiries very confidential. One of the options to the buyer, not only includes the purchase of the restaurant, catering business, but also a share of a hotel unit that would conservatively be valued at $100,000.
It is advised that new owners retain the current cuisine offered and be involved on an owner-operator basis.
All terms of the current 5-year lease with an option of 5 years, are available upon potential buyers entering into a confidentiality agreement; however it should be noted that the landlord is committed to a complete refurbishment of the restaurant facilities and furnishings, which is to be completed during 2006.
The Landlord is dedicated to maintaining the profile of this restaurant business, which will require new owners to have good experience in the food and restaurant management industry, as well as, have sound financial resources available.
Hours of operation:
7 am to 2 am daily
Some shorter hours depending on season.Inventory will be in addition to the purchase price and will be valued at invoice.
Fax: (403) 243-3380
E-mail:stan@stanmehler.com
