Bar/Tavern/Lounge for sale in Banff

$1,500,000

7,746Sq Ft
1959Built
241Days listed

1 photo

About this property

Banff Tavern & Restaurant for Sale Rare opportunity to acquire a long-standing, high-volume tavern and restaurant in the heart of Banff. This iconic establishment has been a cornerstone of the local hospitality scene. Annual sales reach approximately $4 million, supported by strong year-round tourism, a loyal local following, and a proven operating model. The business benefits from a prime location, and excellent lease rate. The venue is well-known for its vibrant atmosphere, consistent performance, and strong liquor sales. Vendor financing is available for qualified, experienced operators, providing flexibility for the right buyer. This is an exceptional opportunity to acquire a flagship Banff hospitality asset with a long operating history, strong brand recognition, and continued growth potential.

Essential information

MLS® number: A2277083
Status: Active
Price: $1,500,000
Lease rate: $52/sq ft/yr
Property type: Commercial
Type: Business
Transaction: For Lease
Restrictions: None Known
Building area: 7,746 sq ft
Year built: 1959
Structure: Mixed Use
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Commercial

Business type: Bar/Tavern/Lounge, Restaurant

Community

City: Banff
Province: AB

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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