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Pizza for sale in Red Deer

$535,500

About this property

Own the business and the real estate it operates from. This established Red Deer pizza and donair operation is offered together with its 2,500 sq. ft. commercial condo unit. It is an independent business, with no franchise fees and no restrictions on how you run it. Open seven days a week for takeout and delivery only, with no dining room to staff, furnish or maintain. The extensive menu is built on fresh ingredients, with sauces made and dough rolled in-house. The unit was rebuilt in 2020 as a purpose-built commercial kitchen. Upgrades include a new electrical panel and wiring throughout, water lines and underground plumbing reworked for the kitchen layout, a new make-up air unit, new exhaust ducting and hood fans, and a new hot water tank. Both rooftop HVAC units have been replaced. Sale includes the commercial condo unit and all restaurant equipment.

Essential information

MLS® number
A2348460
Status
Active
Price
$535,500
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
2,554 sq ft
Year built
1979
Structure
Mixed Use
Listing brokerage
Maxwell Real Estate Solutions Ltd.
Source
Pillar 9™ MLS® System

Interior

Included
Equipment list to be provided in Buyer Package with signed NDA.

Exterior and construction

Zoning
C-1

Commercial

Business type
Pizza

Community

City
Red Deer
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.

Trading

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The deal

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SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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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.

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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