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$ 390,000
Est. payment | /mo
1,320 SqFt
$ 390,000
Est. payment | /mo
1,320 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $295
MLS Listing ID A2228269
Year Built 2010
Property Sub-Type Retail
Property Description
*The address is not real for the confidentiality. This is a rare opportunity to acquire a well-established, fully licensed restaurant located just 20 minutes from Red Deer, with seating for 40 guests. The business currently generates over $600,000 in annual sales, with strong financial performance and projected revenue expected to exceed $800,000 next year. Significant growth potential exists through extended hours (currently closed Mondays) and by adding delivery services, as the restaurant is not yet partnered with Door Dash, Uber Eats, or SkipTheDishes. The premises feature a very affordable lease at only $1,980 per month, or $18 per square foot, making this an ideal opportunity for owner-operators or investors seeking a solid cash-flowing business in a growing market.
Location
Province AB
Interior
Inclusions The Seller will provide the chattel & equipment list.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by RE/MAX Complete Realty
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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.
