Langdon Grill, For Sale by Owner - AB - www.pin.ca/alberta/10-0206

For Sale
Langdon Grill
#2 - 720 Centre Street North
Langdon, Alberta
(16 km east of Calgary)

$35,500

VALUE STATEMENT FOR THE LANGDON GRILL
Gross sales average $7,000 to $12,000: ($9,400 x 12 months)	$112,800

Fair market value of equipment and leasehold improvements:	$25,500
Intellectual Property: (Business Plan intended to double income)	$15,000
Owners estimated value of this opportunity: (plus inventory at cost)	$40,500
ON SALE FOR:	$35,500
Paid $18,000 for equipment from previous owner. Purchased an additional $7,500 in equipment. Rent is $1,300 plus $700 other costs including heat and water this equals $2,000; everything in. Food costs are in the range of 25%. Owner takes $2,500 per month in wages at fair market value.

BUILDING:

approximately 1,100 ft²
finished siding

LAYOUT:

20 seats dining area
order prep area
order window
commercial kitchen
storage

MECHANICAL:

electric heat
air conditioning
town water

EQUIPMENT AND INVENTORY:

please contact seller with any questions
2 chest freezers
electric stove
2 gas fryers
grill
2 fridges
pop cooler
milkshake machine
bun toaster
microwave
food warmer
3 stainless steel tables
3 pot sinks
pressure fryer
all furnishings and accessories for operating restaurant

FEATURES:

the Langdon Grill has been operating since May 2009 and is already breaking even
open 11:AM to 9:PM Monday through Saturday (closed Sundays)
- restaurant could open earlier for breakfast service
- restaurant could possibly be opened year-round
small town = no business tax!
food costs average 25%

ABOUT THE COMMUNITY:

CLICK HERE to view an interactive map. (once map is open click on it to zoom in and out)
Please visit www.goodlucktown.ca for information about the community.

For more information,
please contact:

Onkar Chohan (Owner)
6014 Saddle Horn Drive NE, Calgary AB T3J 4M4

(403) 560-7887

8 Chohanonkar@hotmail.com

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