Property Details

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Calgary (A2287046)

$549,000
2,002 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Well-established South Indian restaurant with a 60-seat dining capacity, delivering over $1.3M in gross annual sales and a strong net income of $275K. The business benefits from multiple revenue streams, including a robust catering operation. This is a fully turnkey setup—the seller is prepared to provide comprehensive training to ensure a smooth transition, and the experienced staff is willing to stay on. The restaurant is equipped with newer equipment, including a new AC unit installed in the walk-in cooler, and features a 12-foot canopy. The current lease is secured for 3 years with a 5-year renewal option, offering long-term stability. Known for its strong reputation and loyal customer base, this is an ideal opportunity for an owner-operator or investor seeking a high-performing, ready-to-run restaurant.

Property details

Basic Info

MLS® #
A2287046
Property Type:
Commercial
Subtype:
Business
Subdivision:
Calgary
Price
$549,000
Sale/Lease:
For Lease
Size:
2,002 sq.ft.
Year Built:
1993 (33 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
Asset List to be provided before closing

Business Info

Business Type:
Fast Food,Food & Beverage ,Restaurant

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
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