Bar/Tavern/Lounge for sale in Calgary

$499,900Lease $11,017 Monthly

2,882Sq Ft
2021Built
31Days listed

1 photo

About this property

Profitable Mexican Bar & Grill, Prime Location Located in a high-traffic area with excellent visibility and strong footfall. Known for its authentic Mexican cuisine, fast friendly service, and top online reviews. Beautiful handcrafted wooden décor imported from Mexico creates a warm, unique dining atmosphere with 95 Seating's Approved. A very busy Location, well-established, and highly profitable business with loyal repeat customers. its part of north east / north west between.

Essential information

MLS® number: A2348070
Status: Active
Price: $499,900
Lease rate: $11,017 Monthly
Property type: Commercial
Type: Business
Transaction: For Lease
Restrictions: Call Lister
Building area: 2,882 sq ft
Year built: 2021
Structure: Mixed Use
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Interior

Included: Call Lister

Commercial

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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

SDE—

EBITDA—

Gross profit: —
Pre-tax profit as the books show it: —
Value at that multiple SDE × multiple: —
Asking price as a multiple of SDE: —
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%: —

—

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.

Per month—

All in, per sq ft—

Base rent monthly: —
Operating costs monthly: —
Anything else monthly: —
Total each month before GST: —
Total each year: —
Base rent per year: —

—

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.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in restaurants and bars in Calgary reaches the market — often before it is advertised anywhere else.

✓

You are on the list.

You will hear the moment a new listing in restaurants and bars comes up.

Ask about this business

Bar/Tavern/Lounge for sale in Calgary

About this property

Essential information

Interior

Commercial

Community

Business valuation calculator

Trading

Add-backs

The deal

What this space costs per month

The space

On top of the rent

Tell me when another one comes up

You are on the list.

Ask about this business

Question sent