Business in your area
MLS® A2330856
$448,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2330856
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1989
1 / 16Listing description
Exceptional Turnkey Restaurant Opportunity – Established Family Business Since 1989Rare 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 summary
- MLS® number
- A2330856
- Property type
- Business
- Square footage
- 1,800 sq ft
- Built in
- 1989
- Parking
- 200 spaces
- Days on market
- 37 days
What would this home cost you?
Based on the $448,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LPT Realty, Calgary.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.