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4920 50 Street, Alix

$250,000

About this property

An exceptional turnkey opportunity awaits in Alix, Alberta, with the sale of Jeanne’s Pizza Pantry Ltd, an established local favorite that includes both the thriving business and the commercial real estate. Prominently situated on Main Street, this beloved institution has been serving the community since the 1990s and has earned a reputation far and wide for its famous pizza. Positioned just a short walk from the local hockey arena, the restaurant benefits from an ideal location that captures steady foot traffic year-round. The facility has been thoughtfully updated, boasting many recent upgrades to the client dining areas that create a welcoming, comfortable atmosphere for guests. Built to last with a durable steel roof, the building features full air conditioning, seating for approximately 42 guests, and an active liquor license. Out back, a powered shed provides substantial extra storage space, while the commercial kitchen has been enhanced with new kitchen appliances and includes a commercial dough mixer that helps keep operating costs low. This is a complete, fully operational setup ready for its next chapter. The sale includes the famous secret pizza recipe—to be disclosed to the new owners upon purchase—and the current owners are willing to stay on to provide full training and support. Don't miss this unique chance to step into a successful, well-rooted business with endless potential for future growth.

Essential information

MLS® number
A2350193
Status
Active
Price
$250,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
1,440 sq ft
Year built
1993
Structure
Retail
Listing brokerage
Realty Executives Alberta Elite
Source
Pillar 9™ MLS® System

Interior

Included
Nil

Exterior and construction

Zoning
C

Commercial

Business type
Restaurant

Community

City
Alix
Province
AB
Postal code
T0C 0B0

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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The deal

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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