JN REAL ESTATE GROUP

Calgary

FOR LEASE

$6,400

LEASE RATE · PER SQ. FT. / MONTH

MLS A2339767

BUSINESS · BUILT 2005

MLS A2339767 · 0 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

ESTABLISHED SHAWARMA RESTAURANT BUSINESS FOR SALE – NE CALGARY Excellent opportunity to acquire a well-established and profitable SHAWARMA restaurant business operating from the same location for over 18 years, with the original owner successfully running the business since its establishment. Situated in approximately 2,000 sq. ft., the restaurant offers seating for approximately 62 guests and operates 7 days a week, serving breakfast, lunch, and dinner. The business has built a strong reputation and loyal customer base over the years, benefiting from consistent repeat clientele and steady customer traffic. The menu features a popular selection of shawarma, falafel, kebabs, wraps, Pita and other Middle Eastern favourites, along with an established catering business, providing multiple revenue streams. The business generates approximately $1.2M–$1.4M in average annual gross sales, with reported annual net cash flow of approximately $130,000–$140,000 after employee wages, subject to verification by the purchaser. The operation is supported by approximately 4 full-time and 4 part-time employees, providing an established staffing structure for a new owner. Monthly rent and operating costs are approximately $6,400, offering an attractive occupancy cost relative to the size and reported sales volume. With 18+ years of operating history, strong sales, established clientele, experienced staff, dine-in capacity, takeout and catering revenue, this is an excellent opportunity for an owner-operator, experienced restaurateur, or investor looking to acquire an established food-service business in NE Calgary. Current Lease expires in 2 years and Option to Renew for another 10 years .

DETAILS

TRANSACTION

TRANSACTION
For Lease
LEASE PERIOD
Monthly
LEASE MEASURE
Square Feet
LEASE TERM
Other

BUILDING

TYPE
Business
YEAR BUILT
2005

PARKING

TOTAL PARKING
1,000

LISTING COURTESY OF RENJU KORATH · LPT REALTY

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