Great opportunity to acquire a fully equipped restaurant in the highly sought-after Kensington area of Calgary! This 2,877 SQ. FT. space features a complete commercial kitchen with all essential equipment, offering a turnkey opportunity for restaurateurs and entrepreneurs. The business generated approximately $1.2 million in annual sales in 2025. The new owner may introduce their own restaurant concept, subject to landlord approval. Please note that pizza, burger, and katsu concepts are not permitted, as these are already represented in the development. Attractive base lease rate of $35 per SQ. FT. annually. This is strictly an asset sale; the existing business name and brand are not included. To maintain confidentiality, the exact location and additional details will be provided to interested buyers upon completion of a confidentiality agreement.
Essential information
MLS® number
A2351572
Status
Active
Price
$249,000
Lease rate
$35/sq ft/yr
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
None Known
Building area
2,877 sq ft
Year built
2020
Structure
Retail
Listing brokerage
RE/MAX Real Estate (Mountain View)
Source
Pillar 9™ MLS® System
Interior
Included
Seller will provide equipment list before the offer.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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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.
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.
Per month—
All in, per sq ft—
Base rent monthly
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Operating costs monthly
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Total each month before GST
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Total each year
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Base rent per year
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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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$229,000123 NW, Calgary
