Red Deer, AB
Red Deer, AB
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$ 249,000

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$ 249,000
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS® Listing ID A2212946

Year Built 1987

Property Sub-Type Retail

Source Calgary

Property 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.

Location

Province AB

County Red Deer

Interior

Inclusions Ask for the detail

Others

Restrictions None Known

Ownership Private

Listed by DreamHouse Realty Ltd.

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700, 1816 Crowchild Trail NW, Calgary, Alberta, Canada
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