Property Details
Calgary (A2330856)
Description
Exceptional Turnkey Restaurant Opportunity – Established Family Business Since 1989
Rare opportunity to acquire a well-established, family-owned restaurant that has successfully operated from the same prime location for over 37 years. This long-standing business has earned an outstanding reputation within the community for its quality food, exceptional service, and loyal repeat clientele.
Specializing in pizza, steaks, and a diverse menu, the restaurant is fully operational and ready for a seamless ownership transition. The premises offer approximately 2,000 sq. ft. of well-designed dining and kitchen space with 62 indoor seats, creating a warm and inviting atmosphere for customers.
The business has demonstrated a strong operating history, with average annual gross sales of approximately $700,000 and an estimated Seller's Discretionary Earnings (or net income, as applicable) in the range of $140,000–$150,000.
One of the property's most attractive features is its affordable lease of approximately $7,000 per month, offering excellent occupancy costs relative to its size and revenue history. The established customer base, strong goodwill, and recognized brand within the community provide an outstanding foundation for continued success.
This business is ideally suited for owner-operators, experienced restaurateurs, family businesses, or investors seeking a proven operation with significant goodwill and future growth potential through expanded marketing, catering, delivery services, extended operating hours, or menu enhancements.
Property details
- MLS® #
- A2330856
- Property Type:
- Commercial
- Subtype:
- Business
- Subdivision:
- Calgary
- Price
- $448,000
- Sale/Lease:
- For Sale
- Size:
- 1,800 sq.ft.
- Year Built:
- 1989 (37 years old)
- Structure Type:
- Retail
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- none
- Zoning:
- COM
- Business Type:
- Restaurant
- Possession:
- 15 Days / Neg
- Days on Market:
- 1
Basic Info
Building Info
Lot / Land Info
Business Info
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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