Calgary Restaurants For Sale

Our Business Sale Specialists Help With Your Business Purchase

• Find you a right business or business with property – we have a network of many listings that are not on the open market.
• Free evaluation for buyers on businesses and properties with our in-depth and professional market knowledge to protect you from overpaying.
• Identify potentials, future values and hidden values of a business and/or property to maximize your profit.
• Negotiate a deal that is most beneficial to you, and assist buyers with assignment of lease or new lease.
• Assist you with due diligence, regulatory approvals, commercial financing, environmental assessment, appraisal, and property inspection, etc.
• Our commercial specialists assist with financial analysis and investment return of business and commercial properties.
• Our team are members of both Calgary and Edmonton Real Estate boards, and thus we can access listings from both boards.

Business Financing

For Business Loan, please contact commercial bankers, not residential mortgage agents. Business financial statements and business/commercial property appraisal reports are required for bank financing.

• Leasing: Banks do not finance a New business. If you plan to lease a commercial space and start a new business, please prepare cash for the following: leasehold improvements to meet the building code requirement for the type of business, purchase of equipment, rent of the first month with security deposit, at least 3 months of business expenses, and 6 to 12 months business expense before a business is established. Banks may provide business loan after one year if a business is profitable. For most business such as restaurants, daycare, auto shops, etc., leasing a space to build a new business not only costs more but also takes longer time than buying an existing business because of the time and cost incurred by renovation and new equipment. It usually takes 6 to 12 months for permit application, renovation, equipment installation, etc.
• Business Only: At least 75% of the purchase price needs to be cash - over 50% of the purchase price is required as a down payment for a business loan, if applicable + inventory, as banks do not finance inventory, + 3 months of rent, including rent of the first month and security deposit + at least 3 months of business expenses + lawyer fees. Source of funds can include cash on hand, line of credit, home refinancing, family help, business partners, and business loan if the business is qualified (50% or less).
• Business With Property: 35% to 45% down payment is required for a commercial mortgage. Banks do not finance inventory. Sellers may offer financing with 25% to 35% down payment.

To purchase a business, please submit Buyer form.

To request info of our business and business with property listings, please download and sign the Confidential Agreement and the Buyer Brokerage Agreement. Please send to our agents who are in charge of those listings. Alternatively, you may request a DocuSign version from our team members for quick signing on your phone.