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$ 239,900
Est. payment | /mo
1,200 SqFt
$ 239,900
Est. payment | /mo
1,200 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $199
MLS Listing ID A2338481
Year Built 1950
Property Sub-Type Retail
Property Description
An excellent opportunity to acquire an established Japanese restaurant in Downtown Calgary. The business has demonstrated consistent year-over-year sales growth over the past three years,with 2026 gross sales projected at approximately $500,000. The restaurant is currently operated by the owners with the support of two full-time and three part-time employees. Business hours are Monday to Friday from 11:00 AM–2:00 PM and 4:00 PM–8:00 PM,Saturday from 4:00 PM–8:00 PM,and closed Sundays. With its Downtown location and limited current operating hours,there is considerable potential to further grow the business through expanded hours,weekend service,delivery,and catering. The surrounding Downtown business community also provides strong opportunities to develop corporate catering,office lunches,meetings,and group orders. Current rent is $5,305.38 per month,including water and electricity. The business may be purchased as an existing Japanese restaurant,including the trade name,recipes,and established operating concept. Alternatively,buyers with their own concept may purchase the business assets without the existing trade name and recipes,providing flexibility to introduce a new restaurant concept,subject to landlord approval and applicable requirements. A great opportunity for an owner-operator seeking an established restaurant with a proven sales history,manageable operating hours,existing staff,and multiple avenues for future growth. This is an asset sale only and does not include any real estate. The name,location and any additional information of the business will be disclosed only to serious,qualified buyers under confidentiality.
Location
Province AB
County 0046
Area Cal Zone Cc
Interior
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by Royal LePage Solutions