An exceptional opportunity to own a well-established Pita Pit franchise in the heart of Stettler, Alberta. Ideally situated on Main Street near a busy traffic intersection, this high-visibility location benefits from consistent local and commuter exposure, making it a strong performer for a dine-in and take out business. The interior is modern, clean, and inviting, featuring warm wood accents, ample seating, and an efficient layout designed for smooth customer flow. The bright and welcoming dining area includes comfortable booth seating and contemporary finishes, creating an enjoyable atmosphere for guests. Behind the counter, the fully equipped commercial kitchen is designed for efficiency, with prep stations, refrigeration, and cooking equipment all in place—offering a seamless transition for new ownership. This is a true turnkey operation located in a leased space, making it an ideal opportunity for an owner-operator or investor looking to step into an established brand with strong recognition. With its prime location, proven concept, and well-maintained interior, this business is positioned for continued success. A great chance to own a thriving franchise in a growing community.
Essential information
MLS® number
A2299163
Status
Active
Price
$150,000
Lease rate
$16/sq ft/yr
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
None Known
Building area
1,887 sq ft
Year built
2014
Structure
Retail
Listing brokerage
RE/MAX 1st Choice Realty
Source
Pillar 9™ MLS® System
Interior
Included
All furnishings, and restaurant equipment shown in the 3D tour
Exterior and construction
Zoning
C2
Community
Subdivision
STDW
City
Stettler
Province
AB
Postal code
T0C 2L0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
SDE—
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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Asking price as a multiple of SDE
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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.
Per month—
All in, per sq ft—
Base rent monthly
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Operating costs monthly
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Anything else monthly
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Total each month before GST
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Total each year
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Base rent per year
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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.
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2 photos$149,000Sage Hill NW, Calgary
