Business + real estate included • 20+ years under the same ownership • Only Chinese restaurant in the area • Loyal established customer base • 50 seats • Owner retiring • Rare opportunity to acquire a long-established and successful Chinese restaurant together with the real estate.
Under the same ownership for more than 20 years, this well-established 50-seat restaurant has built a loyal customer base and a strong reputation within the local community. As the only Chinese restaurant in the area, the business benefits from limited direct competition and a well-established local following.
The sale includes both the operating business and the real estate, offering a new owner the added benefit of owning the premises with no ongoing rent obligation. With strong revenue, established operations, and decades of goodwill, this is an attractive opportunity for an owner-operator, family business, or experienced restaurateur seeking a proven business with long-term potential.
The current owner is preparing for retirement, creating a rare opportunity to acquire both an established business and the property it operates from.
Please do not approach the premises, staff, or ownership directly. All inquiries and showings are strictly by appointment.
Essential information
MLS® number
A2349953
Status
Active
Price
$388,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
Utility Right Of Way
Building area
1,624 sq ft
Structure
Retail
Listing brokerage
Callister Commercial
Source
Pillar 9™ MLS® System
Interior
Included
Please contact the listing agent
Exterior and construction
Zoning
HC
Community
City
Caroline
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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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.
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$349,900Calgary AB, Calgary
