Bar/Tavern/Lounge for sale in Calgary

$450,000

2,768Sq Ft
2023Built
0Days listed

27 photos

About this property

Excellent opportunity to acquire a fully operational sports bar and restaurant in NW Calgary! This established business occupies approximately 2,768 SF and offers a welcoming, family-friendly dining atmosphere combined with a vibrant sports bar experience. Featuring a well-equipped commercial kitchen, bar and dining areas, approximately 90 capacity, this turnkey opportunity is ideal for an owner operator or experienced hospitality group. The existing concept offers food and beverage service, live sports viewing and a casual dining experience. Situated in a growing residential area with access to surrounding communities, the business offers potential for continued growth or introduction of a new restaurant concept, subject to necessary approvals. Monthly base rent is approximately $8,996, with total monthly occupancy costs of approximately $15,480 before GST ($16,254 including GST). Business asset sale only; real estate is not included. Business name and exact location will be disclosed to qualified buyers upon execution of a Confidentiality Agreement. Please do not approach staff or management.

Essential information

MLS® number: A2354314
Status: Active
Price: $450,000
Lease rate: $39/sq ft/yr
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: Landlord Approval
Building area: 2,768 sq ft
Year built: 2023
Structure: Retail
Listing brokerage: MaxWell Central
Source: Pillar 9™ MLS® System

Exterior and construction

Zoning: Direct Control (DC)

Commercial

Business type: Bar/Tavern/Lounge, 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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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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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Bar/Tavern/Lounge for sale in Calgary

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