Well-known popular restaurant business for sale just off of 16 Ave, great location with lots of exposure to thousands of cars daily. Ample parking, featuring 4500 sq ft of usable space. Included is a lounge which seats 40 and currently has 6 VLT. Dining room offers 100 seats and the patio offers 20 seats. Good all-year-round restaurant to run. Full commercial kitchen on site, ideal for any foods. Lovely atmosphere for your guests. Menu change is possible with landlord approval. Please do not go direct and bother staff and owner. All appointments are to be with a realtor. Thank you.
Essential information
MLS® number
A2263687
Status
Active
Price
$245,000
Lease rate
$13,500 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Lease Restriction
Building area
4,500 sq ft
Year built
2015
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Community
City
Calgary
Province
AB
Postal code
T2M 0J9
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.
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6 photos$199,900310 16 Avenue NW, Calgary
