REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 179,900
Est. payment | /mo
3,000 SqFt
$ 179,900
Est. payment | /mo
3,000 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $59
MLS Listing ID A2352514
Year Built 1982
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Business
Property Description
Turnkey quick-service restaurant in Red Deer,offered confidentially. Approximately 3,000 sq ft with dine-in seating,a bar area,takeout and a growing online delivery channel. The premises are fully built out with a commercial grease hood,fire suppression,walk-in cooler and freezer,fryers,flat grills and ovens,so a new owner can operate from day one. Currently part of a young,fast-growing Canadian franchise system with 22 locations and 30 expected by year end,territory rights for all of Red Deer,a 5% royalty and no marketing fund levy. The franchise is optional. A buyer may continue with the current brand or bring their own restaurant or pub concept,subject to landlord approval. Lease in place to 2030 with a renewal option. Business name,address and financials released to qualified buyers after a signed confidentiality agreement. Showings by appointment only. Please do not approach the business or staff directly. Lead image is a sample rendering.
Location
Province AB
County 0262
Zoning R-L
Interior
Inclusions Schedule Available
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by KIC Realty
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