Active
$1,500,000
MLS® #A2306597
- 4,000 Sqft
- Built 1978
- Business
- ✓ Spacious Layout
Own a profitable, established Bar & Grill in Red Deer! This well established and high performing bar & grill in Red Deer offers strong and consistent cash flow, a loyal customer base, and a prime high traffic location. With a proven track record of revenue growth, efficient operations, and a seasoned “lifer” staff pool, this turnkey business is ready for a new owner to step in and continue its success. The space is fully equipped with over $50,000 in kitchen equipment upgrades, ensuring a smooth transition with minimal additional investment. The lease terms provide long term stability, and the diverse revenue streams from food, liquor, and VLTs contribute to reliable profitability. There is significant potential for further growth through expanded marketing, and event opportunities, so this is an ideal opportunity for an experienced operator looking to acquire a thriving pub with a strong financial foundation and room to grow! Attractive long term lease in place, and consistently strong P&L. (id:66619)
Features
Interior
4,000 sqft
Year Built
1978
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.
