1916 10th Av | Spruce View, AB T0M 1V0
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1916 10th Av
Spruce View, AB T0M 1V0
Retail Property For Sale
Investment Highlights
- Located just off Highway 54
- Prime location
- Has easy highway access
Executive Summary
Located just off Highway 54, the Tivoli Garden Cafe offers a golden opportunity for those seeking the autonomy of running their own successful business. This cafe is a testament to entrepreneurial spirit, boasting generous annual profits and a foundation of loyal customers from the area. The kitchen and building have been maintained with care and attention, including but not limited to complete renovation for the kitchen (floor, paint, shelves, and equipment; 4 burner broiler and grill in 2020, and a hot water tank (2022), two new fryers ,convection oven one stainless steel stand up freezer beside water heater (2023). The cafe presents a hassle-free proposition for the aspiring business owner. The location is prime, with easy highway access, a drive-through style "alleyway" bordering the property suitable for semi-trucks, and more than 60 parking spots to accommodate the steady flow of patrons. The area boasts some great lakes and vacation spots like Sylvan Lake and Care-free Resort on Glennifer Lake, all within half an hour's drive. Educational needs are met by the nearby Spruce View School (Grades 1-12), making it convenient for families in the area, not to mention an easy drop-off to school for the kids while you run the restaurant. For healthcare, the Innisfail Health Centre is accessible within a 21-minute drive. Essential services are also well within reach, with a fire station just a minute away and the Royal Canadian Mounted Police (RCMP) stationed a short drive in Innisfail. The current owners, who have been at the helm since March 15, 2006, have enriched the patioed country-style restaurant in an old Danish community with depth and appeal and have not just served meals but the restaurant has also been a place where memories are made. With a licensed seating capacity for 65 inside and 14 outside, it has ample space for guests to dine and enjoy. The kitchen is well-equipped to handle demand with a significant hood fan (159"x42") and a built-in walk-in cooler . Operation hours span from 11:00 am to 8:00 pm Tuesday through Friday, with weekends opening early for breakfast enthusiasts. This long-standing establishment not only promises a steady income but also offers potential for expansion and an increase in income, such as extending hours or adding breakfast to the menu. For entrepreneurs looking to make their mark, the Tivoli Garden Cafe is more than a business; it's a central part of the community ready for its next chapter.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Furniture, Fixtures and Equipment Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,566 SF
Building Class
C
Year Built
1996
Price
£309,935
Price Per SF
£121
Tenancy
Single
Number of Floors
3
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
0.29 AC
Zoning
CTC - CTC
Parking
60 Spaces (23.38 Spaces per 1,000 SF Leased)
Frontage
1 ft on 1
Amenities
- Bus Route
- Commuter Rail
- Corner Lot
- Restaurant
- Security System
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
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