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E9, 5560 45 Street, Red Deer

RRCS, Red Deer

$199,900Lease $16,062 Annually

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E9, 5560 45 Street, Red Deer
  • E9, 5560 45 Street, Red Deer — photo 1
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About this property

This well established and highly sought-after catering company has been serving Central Alberta for more than 30 years. The owners are now ready to retire and have reduced the asking price. With a strong reputation and a loyal customer base, this business generated more than $800K +/- of sales in 2025. With numerous repeat contracts and events booked through 2026, there is excellent opportunity for a new owner to further grow and expand the operation. The business has the potential to generate more than $200,000 in cash flow, which could comfortably support an owner’s salary and loan payments. This is an outstanding opportunity for an experienced chef or hospitality professional ready to step in to ownership. PLEASE DO NOT CALL THE BUSINESS DIRECTLY OR APPROACH STAFF.

Essential information

MLS® number
A2315875
Status
Active
Price
$199,900
Lease rate
$16,062 Annually
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Landlord Approval
Building area
1,141 sq ft
Year built
1978
Structure
Low Rise (2-4 stories)
Listing brokerage
Century 21 Advantage
Source
Pillar 9™ MLS® System

Interior

Included
Includes approximately $60,000 in equipment

Exterior and construction

Zoning
CAP-C

Commercial

Business type
Food & Beverage

Community

Subdivision
RRCS
City
Red Deer
Province
AB
Postal code
T8V 1V5

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.

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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The deal

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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.

What this space costs per month

Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.

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.

The space

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On top of the rent

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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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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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