$ 1,250,000
Address not disclosed Rocky Mountain House, AB T4T 1P3
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$ 1,250,000
Est. payment | /mo
3,800 SqFt
$ 1,250,000
Est. payment | /mo
3,800 SqFt
Key Details
Property Type Commercial
Sub Type Business with Property
Listing Status Active
Purchase Type for sale
Square Footage 3,800 sqft
Price per Sqft $328
MLS® Listing ID E4373408
Year Built 1996
Property Description
Thriving business with 4 star Google Reviews. Located in a vibrant busy Alberta Town with multiple major large scale retail anchor stores. 0.44 Acre rectangle lot which works so well for drive through. Situated off HWY 22 in a high traffic location, capturing organic traffic. This restaurant is newly renovated providing a wonderful dine in experience. Existing owner has exponentially increased the business in the past 7 years making this a must stop for hungry travellers. The menu is diverse enough to compete with all of the major franchises, providing options like Donairs, Pizza, Chicken, Hot Dogs and of course their Famous Burgers & Ice Cream. The existing staff have been here long term and would love to remain. Building has a basement 8ft ceilings 1400 sq ft. The business includes equipment, leaseholds, signage, menu boards and existing sales close to $1 million. Margins average 25% with hours 11AM - 10PM New owners could expand hours and increase revenues.
Location
Province AB
Area Clearwater
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Wesley Henderson • Coldwell Banker Mountain Central
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
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