GREAT LOCATION FOR THIS RESTAURANT, NEAR BANK, No Frills grocery store (anchor tenant), RETAIL SHOPS, SCHOOLS RECREATION CENTRE. Seats 146 and offers 4375-sqft of usable space, included is a large banquet room, great for parties or events, generating extra income. Asian menu currently in place. Menu change is possible with landlord approval. Commercial kitchen on site for your convenience.Please note the space will be smaller in the future and the rent will less approx 2000qft maybe available. Please do not approach business and bother staff. All showings must be with an agent.
Essential information
MLS® number
A2337797
Status
Active
Price
$99,000
Lease rate
$6,550 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Lease Restriction
Building area
4,375 sq ft
Year built
2005
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Interior
Included
EQUIPMENT
Community
Subdivision
LCWM
City
Lethbridge
Province
AB
Postal code
T1H 2S3
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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5 photos$96,0001515 Mayor Magrath Drive S, Lethbridge
