471 sqft
$189,000
Established national franchise business located in a major regional shopping centre in Central Alberta. Situated in a high-traffic enclosed mall featuring over 500,000 sq. ft. of retail space, 100+ retailers, and approximately 4.6 million annual visitors. Strong brand recognition and loyal customer base. Gross profit margin improved significantly from 66.6% in 2023 to 72.0% in 2025. The franchisor-required renovation has already been completed, allowing a new owner to operate without incurring additional renovation costs. The asking price has recently been reduced, presenting an outstanding value and excellent buying opportunity. Owner-operated business supported by 3 full-time staff with efficient operations. Lease secured until July 2029. Excellent opportunity for an owner-operator, family business, or hands-on investor. Training available subject to franchisor approval. Retirement sale. All inquiries by appointment only. Do not approach staff. (id:52806)
Business
|
Business Type
|
Restaurant |
|
Business Sub Type
|
Restaurant |
Property Details
|
MLS® Number
|
A2316764 |
|
Property Type
|
Business |
Building
|
Constructed Date
|
2014 |
|
Size Exterior
|
471 Sqft |
|
Size Interior
|
471 Sqft |
|
Total Finished Area
|
471 Sqft |
|
Type
|
Retail |
Land
|
Acreage
|
No |
|
Size Total Text
|
Unknown |
https://www.realtor.ca/real-estate/29835269/red-deer
