Bar/Tavern/Lounge for sale in Calgary

$68,000

1,222Sq Ft
2021Built
52Days listed

1 photo

About this property

Priced Below Replacement Value! Excellent opportunity to own a turnkey restaurant/lounge in a prime, high-visibility location. 1,222 sq. ft. unit with flexible use (business model change subject to landlord approval). Space is fully equipped for deli, pizza, or many other concepts and currently does have an active liquor licence. All equipment and chattels are included, all only a few years old, including a large commercial hood with fire suppression. Seating for 30+ patrons plus exclusive use of an outdoor patio. Ample parking available. Very competitive lease in place with a 5-year option to renew. Signed disclosure agreement will be required for confidential information about the business or location.

Essential information

MLS® number: A2332156
Status: Active
Price: $68,000
Lease rate: $25/sq ft/yr
Property type: Commercial
Type: Business
Transaction: For Lease
Restrictions: Landlord Approval
Building area: 1,222 sq ft
Year built: 2021
Structure: Retail
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Interior

Included: Appendix "a"

Commercial

Business type: Bar/Tavern/Lounge, Deli/Catering, Fast Food, Food & Beverage, Pizza, Restaurant

Community

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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

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Bar/Tavern/Lounge for sale in Calgary

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