AB > Calgary
Calgary, AB
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 350,000
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$ 350,000
Save

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Rent

MLS® Listing ID A2179525

Originating Board Calgary

Year Built 2021

Property Description

This is a unique opportunity to own a well-established and highly regarded restaurant located in a new shopping centre in Calgary’s desirable SW area. Operating successfully since December 2022, this business has built a strong reputation for its quality food, warm atmosphere, and loyal customer base. The restaurant offers a seating capacity of 40 and operates six days a week, serving customers from Tuesday to Sunday between 11:30 AM and 9:00 PM. The location benefits from ample parking and a high-traffic commercial area, making it an attractive destination for both locals and visitors. The fully equipped kitchen is designed for efficient operations, featuring a 12-foot commercial hood, deep fryers, burners, a wok station, refrigerators, freezers, prep tables, and more. The dining area is furnished with comfortable seating, creating a welcoming space for patrons. Currently a dedicated team of seven employees, including the owner-operators, ensures smooth daily operations. The lease terms are favourable, with the current rent at $5,217.13 per month, including GST, as of November 2024. The competitive lease terms further enhance the appeal of this turnkey opportunity, offering stability and value for the new owner. This business is ideal for experienced restaurateurs or entrepreneurs seeking a turnkey operation with a proven track record. The owners are looking to transition into new ventures and are committed to facilitating a smooth handover for the new owner. This restaurant also offers the flexibility for the new owner to introduce their own concept, leveraging the fully equipped kitchen and prime location. The space is ideal for various dining ideas, provided they differ from existing businesses in the shopping centre. Please contact the listing agent for more information. Serious inquiries only, as this is a confidential listing and a fantastic opportunity to acquire a thriving restaurant in a sought-after area of Calgary.

Location

Province AB

County Calgary

Area Cal Zone W

Interior

Inclusions As per the Equipment List

Others

Restrictions None Known

Ownership Leasehold

Listed by Royal LePage Solutions

NEWLY LISTED IN THE CALGARY AREA

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Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter