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Red Deer Steak House & Pizza Restaurant For Sale

Red Deer, Alberta
Asking Price:
$549,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,300,000 (CAD)
Cash Flow:
$160,000 (CAD)

Excellent Greek restaurant and pizza business that has been servicing Red Deer for over 14 years is now available.

This Red Deer restaurant has a very loyal customer base and has been a favorite for locals for over a decade.

This business is listed at a reduced price of $549k which is negotiable and produced over $160k to the ownership last year. Upon signing an NDA i will send over financials to review. This location has a 15 years of term lease and is a long term lease with options in place.

The owner lives in Calgary and has been aged in the years and is wanting to retire.

Property information

Real Estate:

Lease

Lease Terms:

Long term lease in place and a great rent in place at 19.50 per foot.

Location:

Red Deer Prime location

Premises Details:

4800 square feet

Business Operation

Reasons for selling:

Owner lives in Calgary and is retiring

Trading hours:

Inquire for more details

Years established:
2002

Other Information

Support & training:

Excellent support and training in place for new ownership and will provide as much training as needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

One will need at least $250k down to qualify.

Contact Broker

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