Description
Yes, you are reading it right; and even though it sounds too good to be true, it is true. This restaurant is a crazy money making machine with the net $24,000, as per the owner's statement. . Which implies that you can pay off he entire business in a mere 10 montths. This restaurant is beloved by the local community. The sales and the clientele are enormous. The establishment is very vast. You can further improve the menue and rent out th e outer room as an office to augment your earnings. The EBITDA calculation would set its price of upward of $700k. However , we are listing at only $249k.
Details
| MLS # | A2212946 |
|---|---|
| Listing Type | For Lease |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 92 |
| Listing Provided By | DreamHouse Realty Ltd. | Faheem Khan |
Features
| SQ Feet | 2,740 |
|---|
Parking
| Garage Yn | 0 |
|---|
Other
| List Aor | Calgary |
|---|
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Learn More About This Property
| State | AB |
|---|---|
| County | Red Deer |
| City | Red Deer |
| Area | Red Deer |
Nearby Listings (Within 1/10 mile)
Price: $126K - $211K
SqFt: 2,000 - 3,000
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Listing Updated: July 2, 2025 at 12:20:11 PM PDT
