Established Red Deer pizza and donair operations is offered together with 2,554sq.ft. condo unit. It is an independent business, with no franchise fees to restrict your operation. Open 7 days and 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 writing throughout, water lines and underground plumbing reworked for the kitchen layout, a new make up air unit, exhaust ducting and hood fans, and a new hot water tank. Both roof top HVAC units have been replaced. Lease rate is $4,000/month base rent ($19.20/sq. ft.), plus $600/month additional rent ($2.88/sq. ft.)
Essential information
MLS® number
A2348463
Status
Active
Price
$190,000
Lease rate
$4,600 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
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 and upgrades/renovations to be provided with signed NDA.
Exterior and construction
Zoning
C1
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
SDE—
EBITDA—
Gross profit
—
Pre-tax profit as the books show it
—
Value at that multiple SDE × multiple
—
Asking price as a multiple of SDE
—
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
—
—
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.
Per month—
All in, per sq ft—
Base rent monthly
—
Operating costs monthly
—
Anything else monthly
—
Total each month before GST
—
Total each year
—
Base rent per year
—
—
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.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in pizza businesses in Red Deer reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in pizza businesses comes up.
13 photos$149,900B, 314 10 Street NW, Calgary
