$189,000
Est. payment /mo
471 SqFt
Exclusive Listing
Price Dropped by $30K
Red Deer, AB
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 471 sqft
Price per Sqft $401
MLS Listing ID A2316764
Year Built 2014
Property Sub-Type Retail
Property Description
Established national franchise business located in a major regional shopping centre in Central Alberta. Situated in a high-traffic enclosed mall featuring over 500,000 sq. ft. of retail space,100+ retailers,and approximately 4.6 million annual visitors. Strong brand recognition and loyal customer base. Gross profit margin improved significantly from 66.6% in 2023 to 72.0% in 2025. The franchisor-required renovation has already been completed,allowing a new owner to operate without incurring additional renovation costs. The asking price has recently been reduced,presenting an outstanding value and excellent buying opportunity. Owner-operated business supported by 3 full-time staff with efficient operations. Lease secured until July 2029. Excellent opportunity for an owner-operator,family business,or hands-on investor. Training available subject to franchisor approval. Retirement sale. All inquiries by appointment only. Do not approach staff.
Location
Province AB
County 0262
Interior
Inclusions THE EQUIPMENT LIST WILL BE PROVIDED.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by RE/MAX Complete Realty
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