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$ 799,000
Est. payment | /mo
2,500 SqFt
$ 799,000
Est. payment | /mo
2,500 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $319
Subdivision Forest Lawn
MLS Listing ID A2262041
HOA Y/N No
Year Built 2022
Property Sub-Type Business
Property Description
An exceptional opportunity to own a very popular and highly profitable Mediterranean restaurant, known for its world-class dishes and outstanding reputation. This turnkey business offers flexibility to operate as a franchise with only a 5% franchise fee and limited restrictions while still maintaining the freedom to make changes, or to run independently under your own brand. The restaurant spans 2,500 sq. ft. with seating for 70 guests, expandable up to 82, and a monthly lease of $10,800 plus utilities (approximately $15,000 all-in). Consistently generating gross monthly sales of $150,000 with strong net income margins of 30–40%, this business delivers both stability and growth potential. The kitchen is fully equipped with approximately $200,000 in assets, including a walk-in freezer, walk-in fridge, pizza oven, and a complete line of commercial-grade equipment. Supported by a team of nine dedicated employees, the restaurant has outstanding reviews, a loyal customer base, and a reputation built on authentic Mediterranean flavors. This is a rare chance to step into a thriving, established business with exceptional earnings and long-term potential. Serious buyers must sign a Disclosure Agreement before receiving further details.
Location
Province AB
County Cal Zone E
Area Cal Zone E
Zoning Restaurant
Interior
Inclusions 200k in equipment
Fireplace No
Exterior
Garage No
Building
Dwelling Type Other
Others
Restrictions None Known
Listed by Real Broker
