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Bar/Tavern/Lounge for sale in Calgary

$250,000Lease $13,799 Monthly

About this property

Established in 1988, this respected Indian and vegan restaurant has been part of Calgary’s dining scene for more than three decades, earning a loyal following through authentic cuisine, warm hospitality, and deep community roots. Offered as a turnkey opportunity, the business features indoor dining, patio seating, experienced staff, established systems, supplier relationships, and transition support. The restaurant has also benefited from approximately $150,000 in recent upgrades, including high-quality modern equipment and premium commercial kitchen equipment. Beyond regular dine-in service, the restaurant already benefits from established relationships with schools, cultural organizations, temples, senior groups, NGOs, student groups, community clients, event/catering opportunities, and a strong cloud kitchen concept. These established revenue channels create a strong foundation for continued success, with further growth potential under a new owner. This is an excellent opportunity for an owner-operator to continue the legacy of a recognized Calgary dining destination. Confidential sale. Contact the listing agent for further details. Serious, qualified buyers only. Please do not approach staff or visit the business without an appointment.

Essential information

MLS® number
A2343680
Status
Active
Price
$250,000
Lease rate
$13,799 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Landlord Approval
Building area
2,239 sq ft
Year built
2013
Structure
Retail
Listing brokerage
eXp Realty
Source
Pillar 9™ MLS® System

Interior

Included
Call Agent

Exterior and construction

Zoning
0

Commercial

Business type
Bar/Tavern/Lounge, Deli/Catering, Fast Food, Food & Beverage, Health Food, 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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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The deal

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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.

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.

The space

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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.

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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