Restaurant for sale in Calgary

$89,000Lease $7,158 Monthly

1,507Sq Ft
2005Built
103Days listed

10 photos

About this property

Exceptional opportunity to acquire a highly regarded Korean restaurant in a prime Calgary location. Established for years as a destination for authentic Korean cuisine, the business enjoys a strong brand presence, loyal clientele, and an excellent reputation within the local dining market. Positioned on a vibrant, high-traffic pedestrian corridor, the restaurant benefits from outstanding exposure and a steady flow of both local customers and tourists. Steps from the LRT station. The premises comprise 1,507 sq. ft. with seating for 58 guests, a liquor license, and a fully equipped commercial kitchen featuring a 13-foot canopy, walk-in cooler, and walk-in freezer. This turnkey operation presents an attractive opportunity for restaurateurs and investors seeking a proven concept with immediate cash-flow potential and opportunities for future growth.

Essential information

MLS® number: A2316755
Status: Active
Price: $89,000
Lease rate: $7,158 Monthly
Property type: Commercial
Type: Business
Transaction: For Lease
Restrictions: None Known
Building area: 1,507 sq ft
Year built: 2005
Structure: Mixed Use
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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