An excellent opportunity to own a well-established Japanese ramen restaurant in a prime, high-traffic area with a consistent flow of customers. The 1,239 sqft restaurant features an open-concept commercial kitchen with a great layout that enhances both efficiency and customer experience. One parking stall included (monthly fee: $250). Downstairs storage space: approx. 828 sq. ft. Royalty fee: minimum $3,000 or 5% of sales. Initial renovation and franchise investment: nearly $300,000. Lease will be expired May 31, 2026, with a 5-year renewal option The lease expires on May 31, 2026, with a 5-year renewal option available. The new owner needs to continue operating under a franchise or chain-brand concept, or it may continue as a Japanese ramen restaurant. Share sale, please contact Phil for detail.
List Price
$149,900
Lease Price
11000.00
Lease Unit
Fixed
Lease Term
Monthly
Property Type
Commercial
Type of Dwelling
Business
Transaction Type
Lease
Area
Calgary CC
Sub-Area
46CC_8888
Year Built
2000
MLS® Number
A2264760
Listing Brokerage
Grand Realty