Franchise Restaurant - Red Deer


​​​Price: $199,900

       SOLD

Sales: $984,448

Royalties: 2%

Lease: $3,800 sq. feet

Base Rent: $23.50/sq, ft.

Location:

Red Deer, Alberta


Listing Number: 201426

Business Description


This Franchise Restaurant has been a staple in Red Deer for 12 years. Located in a high traffic outdoor mall, the lease has 3 years remaining with a 5 year option. This restaurant has been operating with absentee owners and is a great opportunity for a hands on entrepreneur. All equipment and furnishings are included in the sale price. This restaurant is priced well below replacement value of leaseholds and equipment.


 

Contact Ian to find out more about this opportunity - ian@scorebusinessbrokers.com.



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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by Score Business Brokers or Thompson Marketing 2000 Ltd. Therefore we make no warranty as to the accuracy of this information we advise all prospective buyers to conduct their own due diligence prior to purchasing any business.