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123 Restaurant Avenue
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Beds
—
Baths
—
Sqft
2,828
Year
1990
Type
Business
On market
19d
Exceptional opportunity to acquire an established restaurant brand with two operating Calgary locations already in place. This is a business asset sale only; real estate/property is not included.The key value of this opportunity is the ability to step into an existing brand platform, rather than starting a new restaurant concept from scratch. The concept itself is attractive, marketable, and well-positioned, with a clear identity and strong potential for continued brand development. The seller has already secured and built out two quality locations on two of Calgary’s busiest and most prominent commercial corridors, giving the next owner immediate exposure, strong accessibility, and a valuable multi-location presence.Both locations benefit from high visibility, convenient access, and established market exposure. For an owner-operator, investor, or restaurant group, this may be an attractive opportunity to take over an existing concept with operating locations, systems, and growth potential already in place.Subject to the buyer’s vision, experience, and growth strategy, there may also be potential for future franchise development, additional locations, or broader brand expansion.This is more than purchasing two restaurants — it is an opportunity to acquire an established restaurant brand and concept with two Calgary locations already operating, creating a valuable platform for long-term growth.Please note that both businesses must be purchased together as a package. The owner will not separate the sale.NDA required for further information. Please do not approach staff or visit the businesses directly without an appointment. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 21, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.