Food & Beverage for sale in Red Deer
$179,900Lease $7,600 Monthly
- 3,000Sq Ft
- 1982Built
- 3Days listed
2 photos
About this property
Turnkey quick-service restaurant in Red Deer, offered confidentially. Approximately 3,000 sq ft with dine-in seating, a bar area, takeout and a growing online delivery channel. The premises are fully built out with a commercial grease hood, fire suppression, walk-in cooler and freezer, fryers, flat grills and ovens, so a new owner can operate from day one. Currently part of a young, fast-growing Canadian franchise system with 22 locations and 30 expected by year end, territory rights for all of Red Deer, a 5% royalty and no marketing fund levy. The franchise is optional. A buyer may continue with the current brand or bring their own restaurant or pub concept, subject to landlord approval. Lease in place to 2030 with a renewal option.
Essential information
- MLS® number
- A2352514
- Status
- Active
- Price
- $179,900
- Lease rate
- $7,600 Monthly
- Property type
- Commercial
- Type
- Business
- Transaction
- For Lease
- Restrictions
- Landlord Approval
- Building area
- 3,000 sq ft
- Lot size
- 7,050 sq ft
- Year built
- 1982
- Structure
- Retail
- Listing brokerage
- KIC Realty
- Source
- Pillar 9™ MLS® System
Interior
- Included
- Schedule Available
Exterior and construction
- Zoning
- R-L
Commercial
- Business type
- Food & Beverage, Franchise, Restaurant
- Lease term remaining
- 38 months
Community
- City
- Red Deer
- Province
- AB
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