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Ice Cream/Frozen Yogurt for sale in Lethbridge

$330,000

About this property

Excellent opportunity to acquire a well-established premium ice cream and dessert business in a high-exposure, high-traffic retail plaza. This modern, professionally built location features an attractive contemporary interior with quality leasehold improvements and equipment. The business has established strong sales with significant potential for further growth through expanded marketing, catering, delivery services, and extended operating hours. Strategically positioned in a busy commercial centre surrounded by numerous national anchor tenants, the location enjoys consistent customer traffic throughout the day. Ideal opportunity for an owner-operator or investor seeking a turnkey business with an established customer base in a rapidly growing area.

Essential information

MLS® number
A2332869
Status
Active
Price
$330,000
Lease rate
$33/sq ft/yr
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
None Known
Building area
1,000 sq ft
Year built
2024
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Commercial

Business type
Ice Cream/Frozen Yogurt

Community

City
Lethbridge
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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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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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, 1:40 p.m. (Mountain Time).

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