8413 Elbow Drive SW, Calgary

$328,000Lease $8,600 Monthly

1,683Sq Ft
2018Built
54Days listed

1 photo

About this property

Excellent Restaurant Opportunity in a High-Traffic SW Calgary Location! Located at the busy intersection of Elbow Drive SW and Heritage Drive SW, this well-positioned 1,683 sq. ft. restaurant offers an outstanding opportunity for an owner-operator or entrepreneur looking to establish or expand their business. The restaurant features seating for approximately 50 guests, a fully equipped commercial kitchen, and ample on-site customer parking within a busy strip mall that benefits from strong daily traffic and excellent visibility. The landlord is open to a menu change, subject to approval, providing flexibility to bring your own concept to this established location. This space is ideally suited for a smaller restaurant, café, takeout concept, or specialty food business serving the surrounding communities of Kingsland and Haysboro. Don't miss this affordable opportunity to own a restaurant in a well-established and thriving southwest Calgary location.ALL SHOWINGS ARE TO BE WITH A AGENT, PLEASE DO NOT GO DIRECT!

Essential information

MLS® number: A2331634
Status: Active
Price: $328,000
Lease rate: $8,600 Monthly
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: Lease Restriction
Building area: 1,683 sq ft
Year built: 2018
Structure: Retail
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Interior

Included: EQUIPMENT LIST FOR REVIEW WITH CS OFFER

Commercial

Business type: Restaurant

Community

City: Calgary
Province: AB
Postal code: T2V 1K8

Where it is

Loading map…

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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: —
Pre-tax profit as the books show it: —
Value at that multiple SDE × multiple: —
Asking price as a multiple of SDE: —
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%: —

—

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.

Per month—

All in, per sq ft—

Base rent monthly: —
Operating costs monthly: —
Anything else monthly: —
Total each month before GST: —
Total each year: —
Base rent per year: —

—

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.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in restaurants and bars in Calgary reaches the market — often before it is advertised anywhere else.

✓

You are on the list.

You will hear the moment a new listing in restaurants and bars comes up.

Ask about this business

8413 Elbow Drive SW, Calgary

About this property

Essential information

Interior

Commercial

Community

Where it is

Business valuation calculator

Trading

Add-backs

The deal

What this space costs per month

The space

On top of the rent

Tell me when another one comes up

You are on the list.

Ask about this business

Question sent