* Amounts are estimates only. Final payment amounts may vary.
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.
Property details
Basic Info
MLS® #
A2228269
Property Type:
Commercial
Subtype:
Retail
Subdivision:
NONE
Price
$390,000
Sale/Lease:
For Lease
Size:
1,320 sq.ft.
Year Built:
2010 (15 years old)
Building Info
Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
The Seller will provide the chattel & equipment list.