This is your chance to own a profitable business in the very busy town of Whitecourt! The Red Swan Pizza chain has 175 locations across Canada, and this one is located at one of the busiest corners in the community, with great exposure. Current owners have been operating for 5 years, profitable each year. Corporate office will offer training for the new owner. Whitecourt has an average income of over $60k per year, over 10% higher than the national average, so this extra disposable income makes it a great location to invest. Landlord is willing to transfer the lease to the new owner. Whitecourt is also AAIP friendly!
Essential information
MLS® number
A2344971
Status
Active
Price
$299,000
Lease rate
$2,500 Monthly
Property type
Commercial
Type
Office
Transaction
For Sale
Restrictions
None Known
Building area
2,009 sq ft
Year built
2004
Structure
Retail
Listing brokerage
RE/MAX ADVANTAGE (WHITECOURT)
Source
Pillar 9™ MLS® System
Interior
Included
All equipment related to the Red Swan operation
Exterior and construction
Zoning
C-2 Service Commercial
Community
City
Whitecourt
Province
AB
Postal code
T7S 1N8
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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9 photos$279,9004920 52 Avenue, Whitecourt
