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$149,500 Rent
Listed 1 hour
Unknown
· 0
· 0.0
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· 471
Key Facts
Key facts for Unknown
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
A2353863
Size
471 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
2014
Maintenance Fee
-
Description
Established national franchise restaurant located in Bower Place, one of Central Alberta’s major regional shopping centres in Red Deer. The mall offers over 500,000 sq. ft. of retail space, more than 100 retailers, and strong year-round customer traffic.The business benefits from strong brand recogn...ition and an established customer base. Gross profit margin has improved from approximately 66.6% in 2023 to 72.0% in 2025, reflecting improved operating performance.A major advantage for a new owner is that the franchisor-required renovation has already been completed, avoiding the immediate renovation cost and disruption that can come with acquiring an established franchise location.The business is currently owner-operated with the support of three full-time employees. The existing lease runs until July 2029.The asking price has recently been reduced, providing an attractive opportunity for an owner-operator, family business, or hands-on investor looking to acquire an established franchise location in a busy regional shopping centre.Training will be provided, subject to franchisor approval. Retirement sale.All inquiries and showings are by appointment only. Please do not approach or question staff directly. (id:10452)
Listing courtesy of: RE/MAX Complete Realty
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