$249,000.00 2,740 Sq.ft

Address Not Available

Description

Yes, you are reading it right; and even though it sounds too good to be true, it is true. This restaurant is a crazy money making machine with the net $24,000, as per the owner's statement. . Which implies that you can pay off he entire business in a mere 10 montths. This restaurant is beloved by the local community. The sales and the clientele are enormous. The establishment is very vast. You can further improve the menue and rent out th e outer room as an office to augment your earnings. The EBITDA calculation would set its price of upward of $700k. However , we are listing at only $249k.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2212946
City:Red Deer
Neighbourhood:
Province:Alberta
Building/Unit Size: 2,740 sq.ft
Land Size:0.00 Acre
Listing Price:$249,000.00
Lease Rate:$4,200.00 Monthly
Business Type: Food & Beverage ,Restaurant ,Retail Food & Beverage ,Restaurant ,Retail
Property Subtype:Retail
Transaction Type:For Lease
Land Use Code:
Listing Contract Date:2025-04-17

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "DreamHouse Realty Ltd." listing brokerage.

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