JN REAL ESTATE GROUP

Calgary

FOR SALE

$448,000

PURCHASE PRICE

MLS A2330856

BUSINESS · BUILT 1989

MLS A2330856 · 31 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

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.

DETAILS

TRANSACTION

TRANSACTION
For Sale
LEASE TERM
Negotiable

BUILDING

TYPE
Business
YEAR BUILT
1989

PARKING

TOTAL PARKING
200

COMMUNITY

ZONING
COM

UTILITIES & COSTS

ANNUAL TAXES
$0

LISTING COURTESY OF RENJU KORATH · LPT REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.