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Renanza Realty
For sale

Business in your area

MLS® A2339767

$624,900

Status
Active
Property type
Business
MLS® number
A2339767
Bedrooms
Bathrooms
Year built
2005

Listing description

ESTABLISHED SHAWARMA RESTAURANT BUSINESS FOR SALE – NE CALGARYExcellent 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 .

Property summary

MLS® number
A2339767
Property type
Business
Square footage
1,940 sq ft
Built in
2005
Parking
1000 spaces
Days on market
28 days

What would this home cost you?

Based on the $624,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,908 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.

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