Excellent opportunity to acquire a well-established Vietnamese/Asian take-out restaurant in Black Diamond, Alberta. This business offers a practical and attractive setup for a family-operated business, with an established customer base and a strong local presence. The restaurant is well known within the community and has developed a solid reputation for Vietnamese and Asian cuisine.The take-out restaurant format is particularly well suited to the local market, providing an efficient operation with manageable space and overhead. According to the Seller, the business experiences strong customer traffic and offers the potential to keep an owner/operator actively engaged throughout the year. This is an excellent opportunity for an entrepreneur or family looking to operate a food-service business in a smaller Alberta community.The business occupies approximately 725 sq. ft., with current rent of approximately $2,000/month, plus utilities of approximately $1,000/month. The Seller is offering the business and its assets for $199,000 OBO. The sale is due to owner retirement after 20 years in the business.Additional opportunity: The building/property may also be available for purchase for $300,000, providing a potential option for a buyer interested in owning both the operating business and the real estate. Business and property are offered separately. Buyers are encouraged to conduct their own due diligence regarding financials, lease terms, equipment, permits, and operating requirements. If interested more for additional information available and to arrange a private showing today. (id:51989)
Features of 130 Government Road S
- MLS® Number A2346491
- Price $199,000
- Square Footage: 725 sqft
Business
| Business Type | Restaurant | Business Sub Type | Restaurant |
Buildings
| Constructed Date | 1960 | Size Exterior | 725 Sqft |
| Size Interior | 725 Sqft | Total Finished Area | 725 Sqft |
Land
| Acreage | No | Size Irregular | 3000.00 |
| Size Total | 3000 Sqft|0-4,050 Sqft | Size Total Text | 3000 Sqft|0-4,050 Sqft |
Agents and Offices
- Soon Thieu
- Office: First Place Realty