Fast Food for sale in Lethbridge

$349,000Lease $4,500 Monthly

1,500Sq Ft
2015Built
0Days listed

1 photo

About this property

Excellent opportunity to acquire a well-established Mexican restaurant in a prime Lethbridge location. Operatingsuccessfully since 2019, this business generates approximately $600,000 in annual gross sales and has built a loyal customer base.Specializing in popular Mexican favorites such as tacos, burritos, and other authentic offerings, the restaurant is fully operational and readyfor a new owner. The current owner is relocating, creating an excellent opportunity for an owner-operator or investor. The businessfeatures 14 indoor seats, a favorable lease with 5 years remaining plus renewal options, and low monthly rent that includes operatingcosts. Turn-key operation with strong growth potential in a high-visibility location. Confidentiality agreement required. PLEASE DO NOTAPPROACH STAFF OR VISIT THE BUSINESS WITHOUT AN APPOINTMENT.

Essential information

MLS® number: A2353429
Status: Active
Price: $349,000
Lease rate: $4,500 Monthly
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: None Known
Building area: 1,500 sq ft
Year built: 2015
Structure: Retail
Listing brokerage: eXp Realty
Source: Pillar 9™ MLS® System

Interior

Included: Asset list to be provided before closing

Commercial

Business type: Fast Food, Food & Beverage, Health Food

Community

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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

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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.

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Fast Food for sale in Lethbridge

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