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$ 149,500
Est. payment | /mo
471 SqFt
$ 149,500
Est. payment | /mo
471 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 471 sqft
Price per Sqft $317
MLS Listing ID A2353863
Year Built 2014
Property Sub-Type Retail
Property Description
Established national franchise restaurant located in Bower Place,one of Central Alberta's major regional shopping centres in Red Deer. The mall offers over 500,000 sq. ft. of retail space,more than 100 retailers,and strong year-round customer traffic.
The business benefits from strong brand recognition and an established customer base. Gross profit margin has improved from approximately 66.6% in 2023 to 72.0% in 2025,reflecting improved operating performance.
A major advantage for a new owner is that the franchisor-required renovation has already been completed,avoiding the immediate renovation cost and disruption that can come with acquiring an established franchise location.
The business is currently owner-operated with the support of three full-time employees. The existing lease runs until July 2029.
The asking price has recently been reduced,providing an attractive opportunity for an owner-operator,family business,or hands-on investor looking to acquire an established franchise location in a busy regional shopping centre.
Training will be provided,subject to franchisor approval. Retirement sale.
All inquiries and showings are by appointment only. Please do not approach or question staff directly.
The business benefits from strong brand recognition and an established customer base. Gross profit margin has improved from approximately 66.6% in 2023 to 72.0% in 2025,reflecting improved operating performance.
A major advantage for a new owner is that the franchisor-required renovation has already been completed,avoiding the immediate renovation cost and disruption that can come with acquiring an established franchise location.
The business is currently owner-operated with the support of three full-time employees. The existing lease runs until July 2029.
The asking price has recently been reduced,providing an attractive opportunity for an owner-operator,family business,or hands-on investor looking to acquire an established franchise location in a busy regional shopping centre.
Training will be provided,subject to franchisor approval. Retirement sale.
All inquiries and showings are by appointment only. Please do not approach or question staff directly.
Location
Province AB
County 0262
Interior
Inclusions THE EQUIPMENT LIST WILL BE PROVIDED.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Listed by RE/MAX Complete Realty
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