Food & Beverage for sale in Calgary

$249,900

2,131Sq Ft
2020Built
6Days listed

7 photos

About this property

Fully equipped and ready to go, this 2,131 sq. ft. turn-key restaurant on 17th Avenue SW is offered as an asset sale in the heart of Calgary’s famous Red Mile, one of the city’s most iconic dining and entertainment corridors, with high visibility, heavy vehicle traffic, and steady foot traffic day and night. The kitchen features a 14 ft. hood canopy (TBD) along with a walk-in cooler and walk-in freezer, significantly reducing start-up costs and time to opening, and the space can easily be converted to a new food concept, subject to landlord approval for buyers with a proven track record and restaurant operating experience. With 9 years remaining on the lease plus an option to renew, this is a rare opportunity to secure a long-term foothold in one of Calgary’s most sought-after locations. Contact us today for details or to arrange a private viewing.

Essential information

MLS® number: A2354118
Status: Active
Price: $249,900
Lease rate: $52/sq ft/yr
Property type: Commercial
Type: Business
Transaction: For Lease
Restrictions: None Known
Building area: 2,131 sq ft
Year built: 2020
Structure: Other
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Commercial

Business type: 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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.

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