Steak House Restaurant & Lounge

This popular, franchised, updated restaurant and lounge is offered as a lucrative turn-key business, available now for $399,000. This is a price well below replacement cost! Additionally, this business comes with a secondary revenue stream with a small established catering company as well that is not subject to royalties. It is located at the intersection of two major arteries in a large, fast-growing Alberta city. The restaurant is central to a busy area, close to many community facilities, several hotels and other businesses that host functions, activities and venues on a regular basis. This 216+ capacity venue features many desirable aspects. It is a favourite location for many repeat clients that enjoy the professionally designed décor for a quiet, relaxing and satisfying experience. The lounge features 12 high-definition TV’s, fireplace and a 32 seat attached patio to help facilitate both business and casual meetings, as well as to unwind and relax after a busy day.Fine food from a new menu is served by an excellent staff that makes dining a most enjoyable experience. There is a customer base of over 250,000 people from the city as well as outlying areas and parking is never an issue – this venue is designed and built to be efficient and effective.