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$ 1,700,000
$ 1,700,000
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Rent
MLS® Listing ID A2195525
Year Built 1978
Tax Year 2024
Property Sub-Type Business
Source Central Alberta
Property Description
Own a profitable, established Bar & Grill in Red Deer! This well-established and high-performing bar & grill in Red Deer offers strong and consistent cash flow, a loyal customer base, and a prime high-traffic location. With a proven track record of revenue growth, efficient operations, and a seasoned "lifer" staff pool, this turnkey business is ready for a new owner to step in and continue its success. The space is fully equipped with over $50,000 in kitchen equipment upgrades, ensuring a smooth transition with minimal additional investment. The lease terms provide long-term stability, and the diverse revenue streams from food, liquor, and VLTs contribute to reliable profitability. There is significant potential for further growth through expanded marketing, and event opportunities, so this is an ideal opportunity for an experienced operator looking to acquire a thriving pub with a strong financial foundation and room to grow! Attractive long term lease in place, and consistently strong P&L.
Location
Province AB
County Red Deer
Zoning DC(11)
Others
Restrictions None Known
Ownership Private
Listed by Real Broker
FEATURED AREAS
NEWLY LISTED IN THE CALGARY AREA
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HOMES FOR SALE IN NORTHWEST CALGARY
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
