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Restaurant for sale in High River

$399,000

About this property

Rural neighborhood with a great following! Fully equipped facility with full kitchen, double set of male & female washrooms and just a short distance from Calgary. Well located with lots of parking. It’s the “local” for many residents! You could be the next successful publican in this thriving pub!

Essential information

MLS® number
A2328663
Status
Active
Price
$399,000
Lease rate
$15/sq ft/yr (listed as “Monthly”)
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
None Known
Building area
3,702 sq ft
Year built
1975
Structure
Retail
Listing brokerage
MaxWell Capital Realty
Source
Pillar 9™ MLS® System

Interior

Included
All furniture, fixtures and equipment are included in the sale.

Commercial

Business type
Restaurant

Community

City
High River
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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Add-backs

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The deal

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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.

The space

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$15 is far too low to be a month’s rent for the whole unit, so it has been read as a rate per square foot per year. Confirm with the listing brokerage, and change “Quoted as” above if that is wrong.

sq ft

On top of the rent

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All in, per sq ft—
Base rent 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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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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