An excellent opportunity to buy the famous Extreme Pita franchise located in East Lake Industrial in Airdrie! Family run
business for over 21 years! Base rent only $30 PSF, while Operating Costs are $9.89 PSF and Taxes are $3.59 PSF (estimated for 2025).
More details can be provided upon a signed NDA. Lease expires on Nov. 30, 2028. Very busy location and strong sales.
Essential information
MLS® number
A2253025
Status
Active
Price
$149,000
Lease rate
$30/sq ft/yr
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
None Known
Building area
1,896 sq ft
Year built
1980
Structure
Low Rise (2-4 stories)
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System
Interior
Included
refer to Equipment List in Supplements
Community
Subdivision
ESL
City
Airdrie
Province
AB
Postal code
T8H 2G4
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
What this space costs per month
Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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27 photos$165,0002903 Kingsview Boulevard SE, Airdrie
