Restaurant for sale in Calgary

$309,900Lease $20,100 Monthly

5,600Sq Ft
2000Built
14Days listed

11 photos

About this property

• Rare opportunity to acquire an established, beautifully renovated authentic Chinese restaurant in prestigious Edgemont. Operating successfully at the same prime location for over 25 years, This 5,600 sq. ft. restaurant has been a neighborhood favorite for over a decade, known for its dim sum lunches, authentic Cantonese dinners, and signature BBQ. The newly refreshed dining area accommodates 120 guests and includes three private rooms for corporate events and functions. Massive commercial kitchen with spacious prep stations and commercial-grade appliances built to seamlessly manage high-volume lunch and dinner service. Net rent at $28/sqf. Total monthly rent is approximately $20,100 (including operating costs). Sales revenue around $220k per month. Turnkey operation ready for immediate takeover. •

Essential information

MLS® number: A2341476
Status: Active
Price: $309,900
Lease rate: $20,100 Monthly
Property type: Commercial
Type: Business
Transaction: For Lease
Restrictions: Landlord Approval
Building area: 5,600 sq ft
Year built: 2000
Structure: Mixed Use
Listing brokerage: TREC The Real Estate Company
Source: Pillar 9™ MLS® System

Commercial

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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