This is a fully equipped restaurant just waiting for the energy of a new owner! It’s presently closed. This is an asset sale. The Landlord is willing to take a payment of $25,000 for the kitchen equipment and décor, or $15,000 for just the kitchen equipment. A new Tenant can decide. Surrounded by many apartments and condos for take-out or delivery service!
Essential information
MLS® number
A2328153
Status
Active
Price
$15,000
Lease rate
$33/sq ft/yr (listed as “Monthly”)
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
None Known
Building area
1,100 sq ft
Year built
2000
Structure
Retail
Listing brokerage
MaxWell Capital Realty
Source
Pillar 9™ MLS® System
Interior
Included
All furniture, fixtures and equipment are included.
Exterior and construction
Zoning
Commercial
Parking
Total parking
14
Commercial
Business type
Restaurant
Community
City
Calgary
Province
AB
Postal code
T2N 1Z4
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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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