Offered for sale at $1.1M, this is a rare opportunity to acquire a well-established, profitable restaurant business, generating annual gross revenues exceeding $1.3M. Successfully operated by current owner for nearly 20 years, the business is a widely recognized, community-loved restaurant known for its nostalgic appeal, loyal repeat customer base, and consistent performance. The operation is fully built-out and turn-key, making it ideal for an owner-operator or investor seeking a proven concept with strong cash flow and long-standing brand recognition. With a solid operating history, and multiple opportunities for future growth, this offering represents a compelling blend of stability, income, and upside potential. Seller is open for Rent To Own option, or selling 75% share. (id:66619)
Features
Interior
800 sqft
Year Built
1965
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
