Property Details

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Red Deer (A2195525)

$2,060,000
4,000 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2195525
Property Type:
Commercial
Subtype:
Business
Subdivision:
Red Deer
Price
$2,060,000
Sale/Lease:
For Lease
Size:
4,000 sq.ft.
Year Built:
1978 (47 years old)

Building Info

Structure Type:
Other
Garage:
No
Fence:
Basement:
No
Inclusions:
n/a

Lot / Land Info

Zoning:
DC(11)

Listing Info

Possession:
Negotiable
Days on Market:
31
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Grassroots Realty Group Ltd.
1-833-477-6687

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