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Red Deer,AB
$ 249000
- Bed
- Bath
- SqFt
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
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
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known