Restaurant for sale in Calgary

$150,000

2,241Sq Ft
2018Built
19Days listed

2 photos

About this property

The price is firm! Its original owners spent over one million to set up the restaurant to meet the Chinook Centre requirements in 2018. This established sit- down Chinese dim sum restaurant offers an excellent location(next to shoppers and across from Chapters) with strong pedestrian traffic and excellent exposure within the mall. The space is well suited for an experienced restaurant operator looking to establish or expand a food-service business in a high-profile Calgary location. Convenient access to major roadways and public transit, with ample parking available at the shopping centre. It’s a great opportunity to be a part of chinook family!

Essential information

MLS® number: A2343054
Status: Active
Price: $150,000
Lease rate: $68/sq ft/yr
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: Call Lister
Building area: 2,241 sq ft
Year built: 2018
Structure: Retail
Listing brokerage: Royal LePage Blue Sky
Source: Pillar 9™ MLS® System

Interior

Included: Schedule "A"

Commercial

Business type: Restaurant
Lease term remaining: 26 months

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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Restaurant for sale in Calgary

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