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Restaurant for sale in Medicine Hat

$1,499,900

About this property

A rare opportunity is available: an established turn-key restaurant business and real estate, offered together. You can finally stop paying the landlord and build more equity in your business. The business has a strong local following and a reputation built over years by their loyal repeat customers. The property is over 5,500 square feet in a high-visibility corner location with a modern architectural façade. The business is licensed, with seating for 75+ guests inside. There is bonus seating during the warmer seasons as the property has an outdoor patio so your guests can truly enjoy the warm sunny days that Medicine Hat offers. Inside the restaurant there are soaring ceilings and floor-to-ceiling windows, with banquette seating and warm, inviting décor. Of special interest, there's even a private dining or event room, ideal for group bookings and celebrations. The custom designed commercial kitchen was exceptionally designed to maximize space usage while still creating numerous prep and cooking stations. The kitchen also features a large exhaust hood, spacious walk in cooler & freezer, plus a dedicated dish pit. **THE OPPORTUNITY** Continue building on a proven concept, or bring your own to a licensed, fully built-out space. Growth potential includes extended hours, catering, events, and an expanded patio program. Owning the real estate adds long-term security and equity. Reach out to your commercial realtor today to get more information.

Essential information

MLS® number
A2353150
Status
Active
Price
$1,499,900
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
5,577 sq ft
Year built
2003
Structure
Retail
Listing brokerage
RE/MAX Complete Realty
Source
Pillar 9™ MLS® System

Interior

Included
Equipment List to be provided

Exterior and construction

Zoning
C-R

Commercial

Business type
Restaurant

Community

City
Medicine Hat
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.

Trading

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The deal

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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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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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