Confidential restaurant asset sale with lease takeover. Business name and exact location will be disclosed only after execution of an NDA. This offering is for the restaurant assets and leasehold improvements only.
An excellent opportunity for an owner-operator, chef, experienced restaurateur or entrepreneur seeking a fully built-out food-service space without the substantial cost and time required to start from scratch. The approximately 1,088 sq. ft. main-floor premises are configured for fast-food, donair and Mediterranean restaurant use and include a functional service counter, commercial kitchen, food-preparation areas and seating for approximately 16 guests.
The extensive equipment package includes a commercial oven, walk-in refrigerator, walk-in freezer, three vertical gyro machines, separate donair preparation stations, warmer, commercial grill, two deep fryers, commercial gas stove, three-door beverage cooler, four digital menu screens and additional restaurant equipment.
The existing lease runs until February 28, 2031, and includes common parking. The purchaser may introduce their own name, menu and concept.
Ideal for continuing a fast-food restaurant or shawarma, donair or other concepts, or launching another approved fast-food operation, or starting your own franchise. Lease details will be provided to qualified purchasers after the NDA is completed.
Essential information
MLS® number
A2347734
Status
Active
Price
$80,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
See Remarks
Building area
11,711 sq ft
Year built
1980
Structure
Retail
Listing brokerage
eXp Realty
Source
Pillar 9™ MLS® System
Interior
Included
See Remarks
Exterior and construction
Zoning
0
Community
City
Edmonton
Province
AB
Postal code
T5Y 1Y7
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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EBITDA—
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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6 photos$99,0002953 66 St NW, Edmonton
