Turn-key, profitable fast-casual food business available now, This non-franchise opportunity allows you full control to run the business your way and take it to the next level. The kitchen is fully upgraded with a brand-new Panini grill (2025), new fryer (2025), upgraded plumbing fixtures, and a well-maintained grease trap, offering true peace of mind with minimal maintenance concerns. The business is running smoothly and profitably, supported by well-trained staff and strong customer ratings, specializing in popular donairs and fast food. There is significant growth potential through catering, with existing catering clients already in place and room to expand further, along with strong performance on SkipTheDishes and Uber Eats. Located in a highly visible, high-traffic location on one of Red Deer’s busiest streets, near Red Deer Casino and Resort, this spot offers excellent exposure and steady foot traffic. Enjoy the flexibility to make menu changes as you see fit, without franchise restrictions. Whether you are entering into business for the first time or looking to add another profitable location to your portfolio, this represents an excellent opportunity. Monthly total rent is $3,554( includes Base and Additional) plus utilities and GST.
Essential information
MLS® number
A2282825
Status
Active
Price
$179,000
Lease rate
$27,683 Annually
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
See Remarks
Building area
1,178 sq ft
Year built
1978
Structure
Retail
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System
Interior
Included
To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”
Community
Subdivision
RRSH
City
Red Deer
Province
AB
Postal code
T4N3V9
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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.
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3 photos$199,900E9, 5560 45 Street, Red Deer
