Restaurant for sale in Calgary

$249,000Lease $6,432 Monthly

3,859Sq Ft
1964Built
143Days listed

6 photos

About this property

Prime opportunity to own a thriving shisha and restaurant business in the heart of downtown Calgary. Ideally situated on the main floor of a high rise building along a busy, high visibility road, this well-established venue benefits from consistent foot traffic and a strong, loyal customer base. This unique concept blends a vibrant hookah lounge atmosphere with a diverse menu featuring Mediterranean cuisine alongside popular Western dishes, appealing to a broad clientele. The stylish interior and inviting ambiance make it a go to destination for casual dining, social gatherings, and late night experiences. In addition to regular service, the business is a sought after venue for private events and group bookings, creating multiple revenue streams. A well developed catering operation further expands its reach beyond the physical location, serving corporate functions, parties, and special occasions. With its prime location, versatile offerings, and strong brand presence, this turnkey business presents an exceptional investment opportunity for entrepreneurs looking to step into Calgary’s dynamic hospitality scene.

Essential information

MLS® number: A2304672
Status: Active
Price: $249,000
Lease rate: $6,432 Monthly
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: See Remarks
Building area: 3,859 sq ft
Year built: 1964
Structure: Retail
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Interior

Included: Equipment list will be provided

Commercial

Business type: Restaurant

Community

City: Calgary
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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Restaurant for sale in Calgary

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