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130 Government Road S, Diamond Valley

$199,000Lease $2,000 Monthly

About this property

Excellent opportunity to acquire a well-established Vietnamese/Asian take-out restaurant in Black Diamond, Alberta. This business offers a practical and attractive setup for a family-operated business, with an established customer base and a strong local presence. The restaurant is well known within the community and has developed a solid reputation for Vietnamese and Asian cuisine. The take-out restaurant format is particularly well suited to the local market, providing an efficient operation with manageable space and overhead. According to the Seller, the business experiences strong customer traffic and offers the potential to keep an owner/operator actively engaged throughout the year. This is an excellent opportunity for an entrepreneur or family looking to operate a food-service business in a smaller Alberta community. The business occupies approximately 725 sq. ft., with current rent of approximately $2,000/month, plus utilities of approximately $1,000/month. The Seller is offering the business and its assets for $199,000 OBO. The sale is due to owner retirement after 20 years in the business. Additional opportunity: The building/property may also be available for purchase for $300,000, providing a potential option for a buyer interested in owning both the operating business and the real estate. Business and property are offered separately. Buyers are encouraged to conduct their own due diligence regarding financials, lease terms, equipment, permits, and operating requirements. If interested more for additional information available and to arrange a private showing today.

Essential information

MLS® number
A2346491
Status
Active
Price
$199,000
Lease rate
$2,000 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Utility Right Of Way
Building area
725 sq ft
Lot size
3,000 sq ft
Year built
1960
Structure
Retail
Listing brokerage
First Place Realty
Source
Pillar 9™ MLS® System

Interior

Included
Seller will provides

Commercial

Business type
Restaurant

Community

City
Diamond Valley
Province
AB
Postal code
T0L 0H0

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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