An exceptional opportunity for an owner-operator to acquire a well-established and highly regarded poke restaurant in the heart of Downtown Calgary. Consistently rated among customers' favorites, this turnkey business offers stable cash flow, simple day-to-day operations, and excellent owner earnings potential.
The restaurant features a clean and efficient fast-casual layout with seating for up to 40 guests, supporting both dine-in and take-out service. It is currently open Monday to Friday from 11:00 AM to 3:00 PM, presenting significant upside for a new owner through extended operating hours, weekend service, catering, and third-party delivery.
The business operates efficiently with only four employees, making it easy to manage. Annual sales are approximately $353,000, supported by a loyal repeat customer base and consistent weekday demand from the surrounding downtown office and residential population.
Monthly occupancy costs—including base rent, operating costs, property taxes, and GST—are approximately $4,300, representing excellent value for a prime downtown location.
Situated in a high-traffic commercial building surrounded by office towers and residential developments, the restaurant benefits from strong and consistent pedestrian traffic. The sale includes all equipment, branding, and proprietary recipes, allowing for a seamless transition to new ownership.
Not a franchise, this independent business offers complete operational flexibility with no franchise fees or ongoing royalty obligations, making it an ideal opportunity for a hands-on owner seeking predictable cash flow, strong Seller's Discretionary Earnings (SDE), and significant growth potential.
Essential information
MLS® number
A2331211
Status
Active
Price
$199,000
Lease rate
$1,909 Monthly
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
None Known
Building area
1,432 sq ft
Year built
1976
Structure
High Rise (5+ stories)
Listing brokerage
RE/MAX Complete Realty
Source
Pillar 9™ MLS® System
Interior
Included
An equipment list will be determined.
Community
City
Calgary
Province
AB
Postal code
T2P 2Y5
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.
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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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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3 photos$239,900211, 420 2nd Street SW, Calgary
