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Restaurant for sale in Vermilion

$450,000

About this property

Rare opportunity to acquire a fully operational restaurant business with ownership of the real estate in the growing community of Vermilion. This well-established property offers a turnkey operation with all modern kitchen equipment, restaurant furnishings, operating equipment, and menus included, allowing for an immediate and seamless takeover. The property also features a spacious 3-bedroom apartment, ideal for owner occupancy, staff accommodation, or additional rental income. The restaurant is fully equipped and ready for continued operation, making it an excellent opportunity for owner-operators, family businesses, or investors seeking a hospitality investment. Strong potential exists to increase sales through expanded operating hours, enhanced marketing, catering services, delivery platforms, and menu diversification. Whether you are an experienced restaurateur or looking to enter the food service industry, this property offers the infrastructure and flexibility to grow the business to the next level.

Essential information

MLS® number
A2320585
Status
Active
Price
$450,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
3,462 sq ft
Lot size
3,600 sq ft
Year built
1941
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
34

Commercial

Business type
Restaurant, Retail

Community

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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

Trading

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The deal

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SDE—
EBITDA—
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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.

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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