Excellent opportunity to acquire a spacious restaurant featuring 2,383 sq. ft. of interior space and 117 seats, making it ideal for dine-in service, group dining, and entertaining. The premises are equipped with an on-site commercial kitchen and are currently operating as an Asian restaurant. A change of cuisine or menu may be possible, subject to landlord approval.
Conveniently located in Southeast Calgary, the business benefits from a surrounding mix of hotels, retail businesses, and residential communities, offering potential access to a diverse customer base. An excellent opportunity for restaurateurs and entrepreneurs looking to establish or expand their restaurant business in a well-positioned commercial location.
PLEASE DO NOT APPROACH THE BUSINESS. ALL SHOWINGS ARE TO BE WITH AN AGENT. THANK YOU.
Essential information
MLS® number
A2353168
Status
Active
Price
$299,900
Lease rate
$13,000 Monthly
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
Lease Restriction
Building area
2,383 sq ft
Year built
2006
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Community
City
Calgary
Province
AB
Postal code
T2J7H4
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.
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$229,000123 NW, Calgary
