Fast Food for sale in Spruce Grove

$1,100,000Lease $2,000 Monthly

800Sq Ft
1965Built
258Days listed

1 photo

About this property

Offered for sale at $1.1M, this is a rare opportunity to acquire a well-established, profitable restaurant business, generating annual gross revenues exceeding $1.3M. Successfully operated by current owner for nearly 20 years, the business is a widely recognized, community-loved restaurant known for its nostalgic appeal, loyal repeat customer base, and consistent performance. The operation is fully built-out and turn-key, making it ideal for an owner-operator or investor seeking a proven concept with strong cash flow and long-standing brand recognition. With a solid operating history, and multiple opportunities for future growth, this offering represents a compelling blend of stability, income, and upside potential. Seller is open for Rent To Own option, or selling 75% share.

Essential information

MLS® number: A2276466
Status: Active
Price: $1,100,000
Lease rate: $2,000 Monthly
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: None Known
Building area: 800 sq ft
Year built: 1965
Structure: Retail
Listing brokerage: Century 21 Bravo Realty
Source: Pillar 9™ MLS® System

Interior

Included: EQUIPMENT LIST

Exterior and construction

Zoning: C1

Commercial

Business type: Fast Food, Restaurant

Community

City: Spruce Grove
Province: AB

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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What this space costs per month

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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.

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Fast Food for sale in Spruce Grove

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